What is the silver price today in Mumbai?

This page shows the latest available silver national benchmark for Mumbai (IBJA where available). City pages use the same national rate for every city — we do not invent local premiums. Confirm with your jeweller.

Does this price include GST and making charges?

No. Displayed figures are metal rates only. Use the jewellery calculator on the Metals Hub to add making charges and GST.

How often is the rate updated?

India IBJA benchmark fetches typically refresh about every 30 minutes when the source responds.

Why might my local jeweller quote a different silver rate in Mumbai?

Retail tickets add making charges, wastage, GST treatment, and shop premiums. City pages are planning estimates, not an invoice.

Where can I see other cities and metals?

Use the city grid and related-metal links on this page, or open the full Metals Hub for calculator, charts, and all SEO city pages.

Is this financial advice to buy metal now?

No. Rates are informational. Physical purchase decisions should consider purity certification, invoice taxes, and your overall asset allocation.

Live metal rates

Silver Price Today in Mumbai

National IBJA benchmark shown for Mumbai. Actual jeweller rates vary by city and jeweller. Source: India Gold Benchmark – IBJA. Last updated: 17 Oct 2026, 04:07 am IST. GST excluded. Making charges excluded.

Benchmark Rate

₹210/g · per gram

Per 10g: ₹2,103

Silver /g

₹210

10g · ₹2,103

Silver /kg

₹2,10,312

10g · ₹21,03,120

About silver price in Mumbai

This page shows silver price context for Mumbai using EnrichReturns’ national IBJA-linked benchmark model. City URLs help you plan a purchase in Mumbai, but we do not invent a separate local metal premium until a verified city feed exists.

What the silver rate on this page represents

Figures are metal-only planning rates (by purity where shown), with source and last-updated context when available. They are not a jeweller invoice and exclude making charges, wastage, and GST unless a calculator adds them.

How to use city pages

Mumbai has deep bullion and jewellery retail, from established showrooms to local markets. Online benchmarks still exclude shop making charges, wastage, and GST — ask for a hallmark invoice and a clear metal-versus-making breakup before you pay. Festival weeks can change making offers even when the metal benchmark is unchanged.

Open the Metals Hub jewellery tools to model making charges and GST on top of the metal rate, then confirm the final ticket in-store.

Source, freshness, and limitations

India IBJA-linked benchmarks typically refresh on a short cache window when the upstream source responds. Local retail can still differ. Educational use only — not a buy/sell recommendation.

Related tools

Frequently Asked Questions

What is the silver price today in Mumbai?: This page shows the latest available silver national benchmark for Mumbai (IBJA where available). City pages use the same national rate for every city — we do not invent local premiums. Confirm with your jeweller.
Does this price include GST and making charges?: No. Displayed figures are metal rates only. Use the jewellery calculator on the Metals Hub to add making charges and GST.
How often is the rate updated?: India IBJA benchmark fetches typically refresh about every 30 minutes when the source responds.
Why might my local jeweller quote a different silver rate in Mumbai?: Retail tickets add making charges, wastage, GST treatment, and shop premiums. City pages are planning estimates, not an invoice.
Where can I see other cities and metals?: Use the city grid and related-metal links on this page, or open the full Metals Hub for calculator, charts, and all SEO city pages.
Is this financial advice to buy metal now?: No. Rates are informational. Physical purchase decisions should consider purity certification, invoice taxes, and your overall asset allocation.