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Silver price today, April 17, 2026: Silver prices remain steady at elevated levels after a strong rally earlier in the week. Optimism surrounding the revised US-Iran peace talks has provided stability to precious metals. The global spot silver price continues to trade strongly and is holding up after returning to solid levels earlier in the week. After a massive rise of ₹15,000 per kg earlier this week, retail silver prices across India are holding steady today.
Domestic Silver Prices (India) – April 17, 2026
After a massive rise of ₹15,000 per kg earlier this week, retail silver prices across India are holding steady today.
- 999 pure silver (per gram): ₹269.90 (- ₹0.10)
- 999 pure silver (per 10 grams): ₹2,699 (- ₹1)
- 999 pure silver (per kg): ₹2,69,900 (- ₹100)
Note: Final purchase prices at retailers include 3% GST and additional manufacturing fees, which typically range from 5% to 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: ₹2,749 | 100 grams: ₹27,490 | 1kg: ₹2,74,900
Mumbai silver price today
- 10 grams: ₹2,699 | 100 grams: ₹26,990 | 1kg: ₹2,69,900
Delhi silver price today
- 10 grams: ₹2,699 | 100 grams: ₹26,990 | 1kg: ₹2,69,900
Kolkata silver price today
- 10 grams: ₹2,699 | 100 grams: ₹26,990 | 1kg: ₹2,69,900
Bangalore silver price today
- 10 grams: ₹2,699 | 100 grams: ₹26,990 | 1kg: ₹2,69,900
Hyderabad silver price today
- 10 grams: ₹2,749 | 100 grams: ₹27,490 | 1kg: ₹2,74,900
Kerala Silver Price Today
- 10 grams: ₹2,749 | 100 grams: ₹27,490 | 1kg: ₹2,74,900
Pune silver price today
- 10 grams: ₹2,699 | 100 grams: ₹26,990 | 1kg: ₹2,69,900
Vadodara silver price today
- 10 grams: ₹2,699 | 100 grams: ₹26,990 | 1kg: ₹2,69,900
Ahmedabad silver price today
- 10 grams: ₹2,699 | 100 grams: ₹26,990 | 1kg: ₹2,69,900
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): Fluctuates between $79.00 and $83.50 per ounce
- Market Sentiment: The possible extension of the two-week ceasefire has reduced immediate safe-haven demand for the US dollar and kept silver well in supply.
Silver Price in India for the last 10 days (1 kg)
| Date | Silver price (per kg) | Daily change |
|---|---|---|
| April 17, 2026 | ₹2,69,900 | – £100 |
| April 16, 2026 | ₹2,70,000 | 0 |
| April 15, 2026 | ₹2,70,000 | +₹15,000 |
| April 14, 2026 | ₹2,55,000 | 0 |
| 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 |
Impact and market prospects of the peace talks
Diplomatic resumption
- Reports that both nations are considering extending the two-week ceasefire are easing extreme energy spikes and providing a stable environment of risk aversion
Physical limitations
- Strong industrial demand for the “green transition” serves as a price floor despite rapid short-term geopolitical fluctuations
MCX performance
- MCX Silver Futures (May delivery) are steadily moving above the ₹2,50,000 per kg mark
Can silver prices rise again?
- Technical Levels: Support at $78 per ounce; Resistance at $85
- Outcome of peace talks: Progress in extending the ceasefire could maintain stability, while failure could lead to renewed volatility
- 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.