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Silver price today, April 14, 2026: Silver prices have fallen significantly in both international and domestic markets. The failure of marathon 21-hour peace talks in Islamabad over the weekend and the subsequent US naval blockade of the Strait of Hormuz have sparked a drastic “downturn in optimism”, driving investors towards the US dollar and away from precious metals. Reflecting the global sell-off, domestic silver prices fell by ₹5,000 per kg till date.
Domestic Silver Prices (India) – April 14, 2026
In India, domestic silver prices have reflected the global sell-off and have fallen by ₹5,000 per kg so far.
- 999 pure silver (per gram): ₹254.90 (- ₹0.10)
- 999 pure silver (per 10 grams): ₹2,549 (- ₹1)
- 999 pure silver (per kg): ₹2,54,900 (- ₹100)
Note: Final purchase prices at retailers include 3% GST and additional manufacturing charges, which typically range between 5% and 25% for physical silver items.
City wise silver prices in India (latest update)
Silver prices in major Indian cities are showing slight fluctuations, with southern markets continuing to trade at a premium compared to metros such as Delhi and Mumbai. Below is a detailed breakdown of silver prices per city per 10 grams, 100 grams and 1 kilogram.
Chennai Silver Price Today
Chennai continues to be one of the higher priced markets in the south.
- 10 grams: ₹2,599 | 100 grams: ₹25,990 | 1kg: ₹2,59,900
Mumbai silver price today
- 10 grams: ₹2,549 | 100 grams: ₹25,490 | 1kg: ₹2,54,900
Delhi silver price today
- 10 grams: ₹2,549 | 100 grams: ₹25,490 | 1kg: ₹2,54,900
Kolkata silver price today
- 10 grams: ₹2,549 | 100 grams: ₹25,490 | 1kg: ₹2,54,900
Bangalore silver price today
- 10 grams: ₹2,549 | 100 grams: ₹25,490 | 1kg: ₹2,54,900
Hyderabad silver price today
- 10 grams: ₹2,599 | 100 grams: ₹25,990 | 1kg: ₹2,59,900
Kerala Silver Price Today
- 10 grams: ₹2,599 | 100 grams: ₹25,990 | 1kg: ₹2,59,900
Pune silver price today
- 10 grams: ₹2,549 | 100 grams: ₹25,490 | 1kg: ₹2,54,900
Vadodara silver price today
- 10 grams: ₹2,549 | 100 grams: ₹25,490 | 1kg: ₹2,54,900
Ahmedabad silver price today
- 10 grams: ₹2,549 | 100 grams: ₹25,490 | 1kg: ₹2,54,900
Note: Southern markets (Chennai, Hyderabad, Kerala) continue to have a premium of ₹5,000 over other metros.
International silver prices today
- Spot silver (XAG/USD): Price is $74.07 to $74.45 per ounce
- Trend: Prices have fallen by around 1.9% to 2.4% in the last few sessions
- Market Drivers: The breakdown in negotiations led to a “complete waning” of optimism, with capital flowing into the US dollar index, which rose as much as 0.5%
Silver Price in India for the last 10 days (1 kg)
| Date | Silver price (per kg) | Daily change |
|---|---|---|
| April 14, 2026 | ₹2,54,900 | – £100 |
| April 13, 2026 | ₹2,55,000 | -£5,000 |
| April 12, 2026 | ₹2,60,000 | 0 |
| April 11, 2026 | ₹2,60,000 | 0 |
| April 10, 2026 | ₹2,60,000 | +₹5,000 |
| April 9, 2026 | ₹2,55,000 | -£5,000 |
| April 8, 2026 | ₹2,60,000 | +£10,000 |
| April 7, 2026 | ₹2,50,000 | 0 |
| April 6, 2026 | ₹2,50,000 | 0 |
| April 5, 2026 | ₹2,50,000 | 0 |
Impact of the failed Islamabad talks
Chokepoint concerns
- The US Navy has reportedly prepared to blockade the Strait of Hormuz after talks failed to address Iran’s nuclear program and closing the chokepoint
Oil and inflation
- Brent crude rose over 7.4% to $102.31 a barrel. High energy costs fuel expectations that the Federal Reserve will keep interest rates stable or higher, increasing the opportunity cost of holding silver for no yield
Volatility Outlook
- Analysts at JM Financial and City Index expect a very turbulent week as markets monitor the “bad news” from the negotiations
MCX performance
- MCX Silver Futures (May): Price is lower at around ₹2,38,779 per kg as selling pressure continues
Market overview
- Price Action: Silver has fallen between 1.9% and 2.4% in recent sessions following the collapse of peace talks
- Market sentiment: The failure of negotiations led to a “complete waning” of optimism and capital flowed into the US dollar
- Main drivers: The dominance of the dollar, concerns about the blockage of the Strait of Hormuz and fears of inflation are currently influencing prices
Can silver prices rise again?
- Technical Levels: Support at $73 an ounce; Resistance at $76
- Geopolitical factors: The US naval blockade of the Strait of Hormuz could escalate, renewing demand for safe havens despite current dollar strength
- Fed interest rate expectations: Rising oil prices could trigger inflation and potentially force central banks to keep interest rates higher
- Industrial Demand: Strong demand in the electronics and solar sectors provides a long-term foundation
- Regional Premiums: A premium of ₹5,000 is charged in southern markets due to higher local demand
Important considerations for buyers
- GST: 3% on silver value
- Manufacturing Fees: Typically fees range from 5% to 25% for physical items
- Regional premiums: Southern cities achieve higher premiums due to increased cultural and industrial demand
Disclaimer: Silver price in India is determined by international prices and currency movements. All prices are indicative and exclude GST and fees. Please check with local jewelers for exact prices.