Free Shipping On All Orders
EMPTY CART
Log In | Register | FAQ
Monday-Friday 8-6 CST 1-800-276-6508
Free Shipping
Accepts Visa, MasterCard, Bitcoin, Paypal
Shopper Approved
Monday-Friday 8-6 CST 1-800-276-6508

Live Spot Prices:

Spot Prices:
Gold Ask 1,286.00 2.62 Open: 1,283 High: 1,288 Low: 1,285
Silver Ask 17.10 0.02 Open: 17.08 High: 17.15 Low: 17.08

Silver Spot Price & Charts in Indian Rupees

Silver Prices Per Ounce, Gram & Kilo in INR

Please scroll down for a full, INR interactive silver price chart, and also view our popular silver bullion product categories below:


Free Silver Price Widget For Your Website

This feature is only supported in the desktop browsers. Please visit this page in your desktop browser to retrieve the widget.

Share live silver prices with your website followers or on your blog, using our free silver price widget. To get started, please select one of the size dimensions from the drop-down menu below, and copy the code from the Widget Code text box and paste it into the desired position in your page. If you have any trouble, please contact us at support@jmbullion.com.

Silver Prices in Indian Rupees

Although many might associate the silver trade with U.S. Dollars, the white metal can actually be transacted in any currency. If you are in India, for example, you would likely see the price of silver quoted in the local currency: the Indian Rupee. The metal would also be transacted in the local currency as well. Some dealers may also quote the metal in some alternative currencies such as U.S. Dollars or euros. Silver products come in different weights, and are typically quoted per ounce, gram and kilo.

The Indian Rupee is the official currency of the Republic of India.The rupee is named after a silver coin called the rupiya that was first issued in the 16th century. Similar to the U.S. Dollar, the rupee can be divided into 100 smaller units known as paise. The Reserve Bank of India Act of 1934 gave the reserve Bank the power to manager the nation’s currency.

Silver Pricing in Indian Rupees

Silver prices can be quoted in Indian Rupees by the ounce, gram or kilo. Some of the most popular silver weights include the one ounce for coins and the 10 ounce for silver bars.

India is one of the world’s largest importers of silver. The people of this nation currently have a large amount of their savings in gold, and silver could potentially become a very popular investment vehicle again.

India is essentially a dual currency system. One the one hand, there is the government-issued rupee. On the other hand, there is gold. This presents some significant challenges for the Indian rupee. If the Indian Government begins to put measures into place to limit gold ownership, silver could potentially become a preferred alternative.

India is home to well over 1 billion people. Jewelry and investment demand from this country can have a significant impact on the global price of silver.

Silver prices in Indian Rupee can fluctuate wildly and can aso at times remain stagnant. The price of silver can be influenced by numerous economic and geopolitical factors. Some of the primary catalysts for changes in the price of silver include:

  • Prevailing interest rates
  • Equity markets
  • Currency markets
  • Investment demand
  • Jewelry demand
  • Industrial demand
  • Inflation

Although silver prices have a tendency to move along with the price of gold, the ever-expanding industrial applications for silver could potentially cause some price divergences between the two metals.

Silver is already used in a wide range of industrial applications including solar energy, medicine, electronics and nuclear power.

Silver prices are set by a pricing mechanism such as the LBMA silver price.

The India Government Mint

The Indian Government Mint operates four separate branches for the production of coinage. The mint is responsible for supplying coinage to the reserve Bank of India under the Coinage Act of 1906. The Hyderabad branch of the mint has the ability to refine silver up to 999.9 percent purity.

In addition to the production of coinage, the India Government Mint also produces various commemorative coins and medallions.

India plays a significant role in the global economy, and is one of the largest economies on Earth. The country has seen tremendous growth over the last several years, with the rate of growth reportedly averaging about 7% over the last 20 years or so.

The Indian economy could potentially be in a position to see ongoing high rates of growth. It has a relatively young population and its IT business are growing rapidly.

As the Indian economy expands, the country could potentially see an increase in demand for silver and other precious metals. Hard assets like silver or gold can potentially provide a meaningful hedge against a declining rupee or other economic issues such as inflation.

Silver bars and coinage may also potentially be used to achieve further portfolio diversification outside of traditional stocks and bonds. Silver has a long history as a reliable store of wealth and value, and may become increasingly sought after by individual investors all over the globe.

World Silver Prices

Arab Emirates Silver Price
Australia Silver Price
Brazil Silver Price
Canada Silver Price
Chile Silver Price
China Silver Price
Czech Republic Silver Price
Denmark Silver Price
Europe Silver Price
Hong Kong Silver Price
Hungary Silver Price
India Silver Price
Indonesia Silver Price
Israel Silver Price
Japan Silver Price
Malaysia Silver Price
Mexico Silver Price
New Zealand Silver Price
Norway Silver Price
Pakistan Silver Price
Philippines Silver Price
Poland Silver Price
Russia Silver Price
Singapore Silver Price
South Africa Silver Price
South Korea Silver Price
Sweden Silver Price
Switzerland Silver Price
Taiwan Silver Price
Thailand Silver Price
Turkey Silver Price
United Kingdom Silver Price
United States Silver Price