Silver Rate Today 2 September 2026: State-Wise Prices

Silver Rate Today 2 September 2026: State-Wise Prices

New Delhi, September 2, 2026: Silver Rate Today 2 September 2026 remained different across Indian states and cities, with local market conditions, dealer margins, purity and other charges influencing the final retail price.

According to the state-wise data published by Business Today, Uttar Pradesh recorded silver at ₹2,70,900 per kg, while Gujarat, Kerala and Bihar were around ₹2,68,900 per kg. Rajasthan, Andhra Pradesh and Tamil Nadu were quoted around ₹2,67,900 per kg.

Silver Rate Today: State-Wise Price

The available state-wise silver rates for September 2, 2026 are as follows:

Data note: The source's currently exposed state-wise table provides the above rates. Rates for other states can vary according to local bullion markets, so an unsupported estimate should not be presented as an exact current rate.

Silver Price Movement on September 2

Silver prices are being reported differently across market sources because bullion benchmarks and retail rates can vary by source and update time. Goodreturns listed Delhi silver at ₹245 per gram and ₹2,45,000 per kg, down ₹5 per gram from the previous day.

Financial Express, meanwhile, reported an India silver benchmark of around ₹2,34,070 per kg, while Anand Rathi reported ₹2,45,000 per kg. This highlights the importance of checking the source, market segment and update time before comparing silver prices.

What Is Driving Silver Prices?

Silver prices are influenced by global bullion prices, the US dollar, interest-rate expectations, crude oil prices, geopolitical developments and industrial demand. On September 2, stronger dollar conditions, geopolitical tensions and expectations around US interest rates were among the factors affecting precious metals.

Unlike gold, silver also has significant industrial demand. It is widely used in areas such as solar technology, electronics, electric vehicles and other industrial applications, making industrial consumption an important factor for the silver market.

Things to Check Before Buying Silver

Consumers should check the purity, weight, making charges, GST and dealer margin before purchasing silver. The final price of silver jewellery or other physical products can therefore be higher than the headline bullion rate. Business Today notes that physical silver pricing can include the base silver price, making charges and 3% GST.

Conclusion

Silver Rate Today 2 September 2026 shows noticeable differences across Indian markets. Based on the available state-wise data, Uttar Pradesh was at the higher end at ₹2,70,900 per kg, while Karnataka, Punjab and West Bengal were around ₹2,61,900 per kg.

Buyers should check their local jeweller or bullion dealer for the latest 999/925 silver rate and the final price including applicable charges before making a purchase.