Silver Rate Today 23 September 2026: State-Wise Prices

Silver Rate Today 23 September 2026: Check State-Wise Silver Prices in India

New Delhi, September 23, 2026: Silver Rate Today 23 September 2026 is an important market update for buyers and investors tracking precious metals. The latest India benchmark listed for 999-purity silver is around ₹249.90 per gram, or ₹2,49,900 per kg. The benchmark was higher than the previous day's quoted level. 

However, retail silver prices can vary significantly by location. The latest published state-wise figures for September 23 show silver at ₹2,73,900 per kg in Gujarat and Kerala, while Karnataka, Punjab and West Bengal were listed at ₹2,61,900 per kg. 

Silver Rate Today: State-Wise Price List

The above figures are published indicative state/region-wise rates for September 23. Actual retail prices can differ by city, seller, purity and applicable charges. 

Silver Price in Major Indian Cities

Retail-market data published for September 23 quoted 999-fine silver at approximately ₹2,39,790 per kg in New Delhi, ₹2,40,210 in Mumbai, ₹2,40,480 in Bengaluru, ₹2,39,970 in Kolkata, ₹2,40,670 in Hyderabad and ₹2,40,990 in Chennai. 

The difference between these quoted retail rates and state-wise tables highlights why consumers should check the latest local rate before purchasing silver.

Highest and Lowest Rates in the Published State-Wise Data

Among the state-wise figures published for September 23, Gujarat and Kerala were listed at ₹2,73,900 per kg, while Karnataka, Punjab and West Bengal were listed at ₹2,61,900 per kg. 

The difference between these quoted rates is ₹12,000 per kg.

Silver Rate for 1 Gram, 10 Gram and 100 Gram

For example, Gujarat's published rate is ₹273.90 per gram, ₹2,739 per 10 grams and ₹27,390 per 100 grams. Karnataka's corresponding figures are ₹261.90 per gram, ₹2,619 per 10 grams and ₹26,190 per 100 grams. 

Why Does Silver Price Vary Across States?

Silver prices are influenced by international bullion prices, domestic market conditions, currency movements, demand and supply. Retail buyers may also pay additional GST, making charges and dealer margins, depending on the product and seller. Business Today notes that the final physical-silver price can include the base silver price, making charges and 3% GST. 

999 Silver vs 925 Silver

999 silver contains approximately 99.9% silver and is commonly referred to as fine silver. 925 sterling silver contains 92.5% silver, with the remaining portion made up of other metals. Buyers should therefore check purity along with the quoted silver rate and making charges. 

Important Note

The rates above are indicative published market rates for September 23, 2026. Silver prices can change during the day, and the final price at a jewellery or bullion shop may differ because of location, purity, GST, making charges and dealer margins.