Silver Rate on 21 October 2026: State-Wise Prices

Silver Rate on 21 October 2026: State-Wise Prices

Silver Rate on 21 October 2026: Silver prices came under pressure during trading on Wednesday, according to a market report. The December 4, 2026 silver futures contract on MCX was quoted at approximately ₹2,10,250 per kilogram around 9:20 AM, down ₹1,235 or 0.58% from its previous close. Retail prices also varied across major Indian cities.

What Was the Silver Rate on 21 October?

A city-based historical rate tracker listed the national average silver price at approximately ₹2,29,900 per kilogram for October 21. Another market report quoted silver at ₹2,10,080 per kilogram in Delhi and ₹2,10,440 in Mumbai.

The difference between these published figures highlights why buyers should verify the prevailing rate with a local jeweller before making a purchase. Retail quotations, benchmark prices and exchange-traded futures are not necessarily the same.

State-Wise Silver Prices in India

The following table uses indicative city-based historical rates recorded for October 21, 2026. The listed city serves as a reference point for its respective state; the figures should not be treated as uniform prices applicable to every location.

Silver Rates in Union Territories

Price note: These are indicative figures from a city-based historical tracker, not independently verified uniform retail rates for every state. Chandigarh is used as the reference for Punjab and Haryana. Prices may differ in other cities and at individual jewellery shops.

Silver Price for 1 Gram, 10 Grams and 100 Grams

Using the historical tracker's national average of ₹2,29,900 per kilogram, the equivalent prices are:

• 1 gram: Approximately ₹229.90
• 10 grams: Approximately ₹2,299
• 100 grams: Approximately ₹22,990
• 1 kilogram: Approximately ₹2,29,900

These are mathematical equivalents of the same quoted rate. Actual retail prices can vary by seller, purity, taxes and other applicable charges.

What Influences Silver Prices?

Silver prices respond to international market movements, currency fluctuations, industrial demand, investment activity and domestic buying trends. Local transportation costs, demand and dealer margins can also influence the price quoted to consumers.

Before buying silver jewellery, coins or bars, consumers should check the stated purity, weight, applicable GST and final invoice amount.

Conclusion

Silver prices showed weakness in the October 21 market update, although published price trackers reported different levels for the metal. Buyers should compare quotations from local dealers and confirm the applicable rate before purchasing or selling silver.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Silver prices can change throughout the trading day.