![Silver Price Today [1 March 2026]: Silver Surges to ₹3.25 Lakh/kg Domestically, $94.50 Internationally Amid Iran Conflict](https://sundayguardianlive.com/wp-content/uploads/2026/03/former-nobel-official-jagland-charged-after-epstein-links-emerge-1.jpg "Silver Price Today [1 March 2026]: Silver Surges to ₹3.25 Lakh/kg Domestically, $94.50 Internationally Amid Iran Conflict")
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Silver Price Today, 1 March 2026: Silver has seen a major surge each globally and domestically as traders search protected havens amid Middle East army escalation. Ongoing geopolitical uncertainty is driving sharp regional value variations throughout India, with southern cities seeing the most important premium enlargement.
International Silver Price
In the face of elevated geopolitical unpredictability, international silver markets are rising, with costs staying shut to earlier highs.
| Metric | Value |
|---|---|
| Spot Silver | $94.50 per ounce |
| Per Gram | ~$3.04 |
| Per Kilogram | ~$3,038.25 |
| Daily Change | +7.8% (from latest lows) |
Key International Drivers:
- Geopolitical Safe-Haven Demand: Military strikes involving the U.S., Israel, and Iran have triggered intense shopping for.
- Weaker US Dollar: A softer greenback index is supporting dollar-denominated commodity costs.
- Industrial Backdrop: Strong structural demand from electronics and renewable vitality sectors offers long-term help.
Domestic Silver Price (India)
Indian silver costs are nonetheless excessive, indicating a strong restoration from lows in mid-February. Although costs in southern cities are considerably greater, the common value nationwide is about ₹2,95,000 per kilogram.
| Quantity | National Average | Daily Change |
|---|---|---|
| Per Gram | ₹295 | +₹10 (from latest consolidation) |
| Per 10 Grams | ₹2,950 | +₹100 |
| Per Kilogram | ₹2,95,000 | +₹10,000 |
Silver Rate Trend in India (10 Grams)
| Date | Price (₹) |
|---|---|
| Feb 23 | 3,000 |
| Feb 24 | 2,650 |
| Feb 25 | 2,900 |
| Feb 26 | 2,950 |
| Feb 27 | 2,950 |
| Feb 28 | 3,000 |
| Mar 01 | 3,000 |
Today Silver Price Per Gram/Kg in Delhi (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹295 | ₹295 | 0 |
| 8 | ₹2,360 | ₹2,360 | 0 |
| 10 | ₹2,950 | ₹2,950 | 0 |
| 100 | ₹29,500 | ₹29,500 | 0 |
| 1000 | ₹2,95,000 | ₹2,95,000 | 0 |
City-Wise Domestic Rates (Per Kilogram)
Silver costs present important regional variation, with southern cities commanding substantial premiums due to robust cultural and industrial demand.
| City | Silver Price (per kg) | Change from Yesterday |
|---|---|---|
| Chennai | ₹3,25,000 | + ₹5,000 |
| Hyderabad | ₹3,25,000 | + ₹25,000 |
| Kerala | ₹3,25,000 | + ₹5,000 |
| Delhi | ₹2,95,000 | No Change |
| Mumbai | ₹2,95,000 | No Change |
| Bangalore | ₹2,95,000 | No Change |
| Kolkata | ₹2,95,000 | No Change |
| Pune | ₹2,95,000 | No Change |
| Ahmedabad | ₹2,95,000 | No Change |
| Lucknow | ₹2,95,000 | No Change |
Note: Retail costs for silver articles and jewelry will embody a 3% GST and ranging making prices (usually 5% to 25%) over these base bullion charges.
Silver Rate in Delhi for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 01 Mar, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| 28 Feb, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| 27 Feb, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 26 Feb, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 25 Feb, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 24 Feb, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 23 Feb, 2026 | ₹3,000 | ₹30,000 | ₹3,00,000 |
| 22 Feb, 2026 | ₹2,750 | ₹27,500 | ₹2,75,000 |
| 21 Feb, 2026 | ₹2,750 | ₹27,500 | ₹2,75,000 |
| 20 Feb, 2026 | ₹2,700 | ₹27,000 | ₹2,70,000 |
Key Market Insights
- Market Volatility: In 2026, the worth of silver has fluctuated tremendously; it peaked in January at over ₹4,00,000 a kg, then sharply declined earlier than presently bouncing again towards ₹3.25 lakh in premium markets.
- Safe-Haven Demand: Renewed geopolitical tensions (US-Israel-Iran strikes) have pushed traders towards bullion as a hedge towards uncertainty.
- Regional Premiums: Southern markets like Chennai, Hyderabad, and Kerala skilled important hikes of up to ₹25,000 per kilogram in a single day, displaying better native demand dynamics, whereas a number of North Indian cities remained steady immediately following a earlier spike.
- Investment Options: Beyond bodily silver, traders are energetic within the MCX Silver derivatives market and Silver ETFs, with some funds displaying important 1-year returns.
Silver Price Movement in February 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 February Opening | 3,50,000 |
| 28 February Closing | 2,95,000 |
| Highest Peak | 3,50,000 (1 Feb) |
| Lowest Point | 2,55,000 (18 Feb) |
| Recovery from Lows | +₹40,000 per kg |
| Monthly % Change | -15.71% |
Silver Price Movement in January 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 January Opening | 2,38,000 |
| 31 January Closing | 3,50,000 |
| Highest Peak | 4,10,000 (29 Jan) |
| Lowest Point | 2,38,000 (1 Jan) |
| Monthly % Change | +47.06% |
| Performance | Record-breaking rally |
Top Online Platforms to Buy Silver in India (2026)
- Digital Gold & Silver Apps: OroPocket (₹1 entry, Bitcoin incentives), Google Pay, Paytm, and PhonePe (MMTC-PAMP, SafeGold).
- Jewellery Brand Platforms: Tanishq, CaratLane, Kalyan Jewellers Candere (silver cash, bars, utensils).
- Physical Bullion Platforms: MMTC-PAMP (999.9 purity silver bars/cash), Augmont, Motilal Oswal.
Why Silver Is Surging
The renewed rally in silver is pushed by a mix of things:
- Demand for a Geopolitical Safe Haven: As traders search for shelter from a wider regional battle, army strikes involving the United States, Israel, and Iran have led to a pointy enhance within the buy of treasured metals.
- Weaker US Dollar: A softer greenback index is supporting all dollar-denominated commodity costs.
- Technical Momentum: Silver has damaged above its latest consolidation vary, triggering follow-through shopping for.
- Regional Dynamics: Southern Indian markets are seeing further premiums due to robust native demand, with Hyderabad recording a shocking ₹25,000 single-day bounce.
What This Means for Investors
The geopolitical escalation provides highly effective momentum to silver’s restoration from February lows. Key ranges to watch:
For North Indian markets (Delhi, Mumbai):
- Support: ₹2,85,000 per kg
- Resistance: ₹3,00,000 per kg
For South Indian markets (Chennai, Hyderabad):
- Support: ₹3,00,000 per kg
- Resistance: ₹3,30,000 per kg
For long-term traders, silver’s sharp restoration from the February low of ₹2.55 lakh to present ranges demonstrates the steel’s resilience. Investing in silver ETFs or digital silver by means of systematic funding plans (SIPs) continues to be a great way to participate within the treasured metals uptrend whereas controlling entry timing danger.
