Silver Rate Today 7 September 2026: State-Wise Prices

New Delhi, September 7, 2026: Silver Rate Today remains closely watched by investors, traders, jewelers and consumers across India. On September 7, 2026, published online retail rate tables show different silver prices across Indian states and cities. CreditMantri's September 7 data places several state-level 1 kg silver rates between roughly ₹2.35 lakh and ₹2.43 lakh, while other market sources are quoting different benchmarks depending on the market and update time.

Silver prices are being influenced by global economic conditions, currency movements, interest-rate expectations and industrial demand. On Monday, silver prices on the Multi Commodity Exchange were reported to have declined by around ₹6,000 per kg amid changing expectations around US monetary policy.

📊 Silver Rate Today: State-Wise Price on September 7

The state-wise figures above are based on published September 7, 2026 city/state silver-rate tables. The source lists Gujarat at ₹2,35,865/kg, Madhya Pradesh at ₹2,36,699/kg, Punjab at ₹2,36,699/kg, Jharkhand at ₹2,43,099/kg and Uttarakhand at ₹2,35,624/kg.

🏙️ Silver Prices in Major Indian Cities

According to the published city-wise data for September 7, Chennai was around ₹2,37,389 per kg, Mumbai ₹2,36,699 per kg, Delhi ₹2,35,624 per kg, Kolkata ₹2,35,441 per kg, Bengaluru ₹2,36,889 per kg, Hyderabad ₹2,37,079 per kg and Patna ₹2,43,099 per kg.

However, another current market table reports substantially higher rates, including about ₹2,66,900/kg for Delhi and ₹2,73,800/kg for Gujarat. This difference highlights why silver prices can vary between sources depending on purity, market segment, location and update time.

📉 Why Are Silver Prices Moving Today?

Silver has both investment and industrial demand. It is widely used in solar panels, electronics, electric vehicles and medical applications. Therefore, changes in industrial demand and global economic conditions can have a significant impact on silver prices.

On September 7, stronger-than-expected US employment data increased expectations around the Federal Reserve's interest-rate policy. This put pressure on precious metals, with Reuters reporting weakness in silver, platinum and palladium alongside gold.

🪙 What Buyers Should Check Before Purchasing Silver

The final price paid by a consumer may differ from the published market rate. GST, making charges, dealer margins, purity and the type of silver product can affect the final purchase price.

Disclaimer: Silver rates change during the day and can vary between cities, dealers and sources. The rates in this article are published online rates available for September 7, 2026 and should be treated as indicative. Buyers should confirm the latest local rate with an authorised jeweller or bullion dealer before making a purchase.