Silver Rate Today 22 October 2026: Prices Decline

Silver Rate Today, 22 October 2026: Silver prices in India showed a decline in the latest available market data. According to LiveMint's update published at 3:58 AM IST on October 22, the national reference price stood at approximately ₹2,04,268 per kilogram, compared with ₹2,09,081 a day earlier. However, rates reported by different market sources vary, so buyers should confirm the latest local quotation before making a purchase.

What Is the Silver Rate Today in India?

The available national reference rates for October 22, 2026, are listed below.

These are indicative reference prices, not guaranteed retail quotations. The final amount can vary depending on the dealer, silver purity, applicable taxes and additional charges.

City-Wise Silver Rates in India

The available city-level figures indicate differences between major bullion markets.

These figures are based on LiveMint's published city-wise rate table. They should not be treated as live, guaranteed prices at every jewellery shop.

Silver Rates Across Indian States and Union Territories

Silver is traded in markets across India, but a verified independent rate is not available for every state in the figures cited here. Buyers can use the following major market centres to check local quotations.

Important: This is a list of market centres, not a confirmed price list for every state. Local prices should be verified before publication or purchase.

Why Are Silver Prices Changing?

Silver prices respond to several factors, including international bullion prices, currency movements, industrial consumption and investor demand. The metal is widely used in electronics, solar technology and other industrial applications, making its market sensitive to both manufacturing activity and investment sentiment.

A single day's decline does not establish a long-term downward trend. Buyers should follow subsequent market updates rather than assuming that prices will continue to fall.

What Should Buyers Check Before Purchasing Silver?

• Verify the purity and available certification of the silver.
• Understand the difference between 999 fine silver and 925 sterling silver.
• Ask whether GST, making charges and other applicable costs are included in the quotation.
• Compare prices from multiple local dealers.
• Request a detailed bill showing the weight, purity and total payable amount.

Conclusion

The available reference data for October 22, 2026, indicates a decline in silver prices in India. Since published rates differ across sources and markets, buyers should verify their city's latest quotation before purchasing silver bars, coins or jewellery.

Disclaimer: This article is for general information only and does not constitute investment advice. Silver prices fluctuate, and actual retail prices may differ from published reference rates.