Silver Price Crash: Silver prices have been witnessing a continuous decline. Earlier this year—by the end of January—silver had hit an all-time high, reaching a record price of ₹420,000 per kilogram. As of 12:00 PM today, the price of 1 kilogram of silver on the MCX was recorded at ₹250,559. Since its all-time high, silver prices have fallen by ₹169,441. If you are considering purchasing silver, you should check the latest rates before doing so.
Key Takeaways
Quick Read- Silver Price Crash:
- Silver Rate Today
- Silver Price Crash – Key Numbers
- Silver Rate Today (April 21, 2026)
Silver Rate Today
Silver prices in India have declined significantly. Today, the price of silver in India stands at ₹265 per gram, which is ₹10 lower than yesterday’s price. Meanwhile, the rate for silver is ₹265,000 per kilogram—a decrease of ₹10,000 compared to yesterday’s price.
Silver Price Crash – Key Numbers
All-time high (Jan 2026) ₹4,20,000 per kg
Current MCX price (12:00 PM) ₹2,50,559 per kg
Total drop from all-time high ▼ ₹1,69,441 per kg
Silver Rate Today (April 21, 2026)
Per gram ₹265 ▼ -₹10
Per kilogram ₹2,65,000 ▼ -₹10,000
Silver Prices in Chennai
Price per 10 grams of silver – 2,750
Rate per 100 grams of silver – 27,500
Price per 1 kg of silver – 275,000
Silver Prices in Mumbai
Price per 10 grams of silver – 2,650
Rate per 100 grams of silver – 26,500
Price per 1 kg of silver – 265,000
Silver Prices in Delhi
Price per 10 grams of silver – 2,650
Rate per 100 grams of silver – 26,500
Price per 1 kg of silver – 265,000
Silver Prices in Kolkata
Price per 10 grams of silver – 2,650
Rate per 100 grams of silver – 26,500
Price per 1 kg of silver – 265,000
Silver Prices in Bangalore
Price per 10 grams of silver – 2,650
Rate per 100 grams of silver – 26,500
Price per 1 kg of silver – 265,000
Silver Prices in Hyderabad
Price per 10 grams of silver – 2,750
Rate per 100 grams of silver – 27,500
Price per 1 kg of silver – 275,000
Why has there been a decline in silver prices?
Despite rising silver prices nationwide, physical demand in India remains weak, as people are buying less due to high costs. Conversely, demand for silver as an investment has strengthened, particularly through Exchange-Traded Funds (ETFs). This clearly indicates that investors are increasingly shifting towards financial instruments rather than traditional physical purchases.
