Silver Rate Today in Mumbai — 13 October 2026
Live 999 fine silver price in Mumbai, Maharashtra, per kilogram and per gram, with today's move and how the city compares with the Mumbai benchmark.
Updated · Rates refresh continuously as the market moves.
Silver 999 ₹2,248/kg(-1.00%)vs previous closePublished by AIB Market Data Desk, All India Bullion ·How these rates are made
Silver Rate in Mumbai on 13 October 2026 — per Gram, 10 Gram, 100 Gram & 1 kg
13 October 2026 reference rates for Mumbai, Maharashtra, derived from the live All India Bullion 999 silver quote. Silver is traded in India by the kilogram, so the per-kg figure is the one dealers quote; the smaller weights below are the same rate divided down.
| Weight | 999 Silver | 925 Sterling | 916 Coin |
|---|---|---|---|
| 1 gram | ₹223 | ₹206 | ₹204 |
| 8 gram | ₹1,782 | ₹1,648 | ₹1,632 |
| 10 gram | ₹2,227 | ₹2,060 | ₹2,040 |
| 1 tola | ₹2,598 | ₹2,403 | ₹2,380 |
| 100 gram | ₹22,272 | ₹20,602 | ₹20,401 |
| 1 kg | ₹2,22,721 | ₹2,06,017 | ₹2,04,012 |
On 13 October 2026, 999 silver in Mumbai is ₹2,22,721 per kilogram, which is ₹223 per gram and ₹2,227 per 10 grams. Sterling silver (925) is 92.5% pure, so a sterling article of the same weight carries ₹206 of metal per gram.
These are All India Bullion reference metal rates, not a finished invoice. A silver article adds making charges and 3% GST on the metal (5% on the making charges). Sterling and coin-silver columns are the 999 rate scaled by fineness and assume no deduction for refining loss.
Tools & Calculators
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Silver rate in other Maharashtra cities
Questions, answered
Silver rate in Mumbai — common questions
What is the silver rate in Mumbai today?
999 fine silver in Mumbai is ₹2,22,721 per kilogram as of 13 October 2026 at 21:30 IST. That is ₹223 per gram, ₹2,227 per 10 grams and ₹22,272 per 100 grams. This is All India Bullion's reference rate for Mumbai, Maharashtra; a retail invoice adds 3% GST and, on worked articles, making charges.
What is the price of 1 kg of silver in Mumbai?
1 kilogram of 999 silver in Mumbai is ₹2,22,721 as of 13 October 2026 at 21:30 IST. The kilo bar is the standard trading unit for silver in India, which is why silver is quoted per kg while gold is quoted per 10 grams.
What is the price of 100 grams of silver in Mumbai?
100 grams of 999 silver in Mumbai is ₹22,272 as of 13 October 2026 at 21:30 IST. A 1 tola (11.6638 g) piece works out to ₹2,598 at the same rate.
Has the silver rate gone up or down in Mumbai today?
Silver in Mumbai has fallen by ₹2,248 per kilogram (1.00%) against the previous close, as of 13 October 2026 at 21:30 IST. Silver typically moves in a wider percentage range than gold on the same day, because the market is smaller and roughly half of the demand is industrial rather than monetary.
What is the gold-silver ratio in Mumbai today?
The gold-silver ratio in Mumbai is 67.0 to 1 as of 13 October 2026 at 21:30 IST: one gram of 999 gold costs about as much as 67.0 grams of 999 silver. Buyers watch this ratio to judge which of the two metals is relatively cheap — a high ratio means silver is cheap against gold, a low one means the opposite. It is calculated here from Mumbai's own two reference rates, not from an international quote.
Is silver cheaper to buy than gold in Mumbai?
Per gram, yes — by a wide margin, currently about 67 times. That is what makes silver the usual entry point for a first bullion purchase. The trade-off is that silver is more volatile day to day, the dealer spread is a larger share of the price, and storing the same value takes far more space: the 67 kg of silver that matches 1 kg of gold in value will not fit in the same locker.
Is GST charged on silver in Mumbai?
Yes. GST on silver is 3% across India, including Mumbai, charged on the metal value. On worked items such as silver articles or jewellery, making charges are taxed at 5% separately. The rates shown on this page are the metal reference rate before GST.
Where can I buy 999 silver coins and bars in Mumbai?
All India Bullion sells 999 silver coins and bars online at allindiabullion.com at the live bullion rate with GST included, and delivers by insured courier to Mumbai where the PIN code is serviceable, usually 10–15 days after payment. Orders are placed in the All India Bullion app.
