Delhi is the capital of India and one of the significant cities with a huge population. As it is one of the cities with a higher population, there will obviously be a higher demand for silver in Delhi. Indeed, according to the experts, the demand for silver mostly comes from Delhi city. If you are living in Delhi or are just interested in knowing the silver rate in Delhi, then in this article, I will be providing you with in-depth content on the silver rate in Delhi as follows:
Today’s Silver Price in Delhi
| Silver Weight | Silver Rate |
| 1 gram | ₹100 |
| 10 gram | ₹1,000 |
| 100 gram | ₹10,000 |
| 1 Kilogram | ₹1,00,000 |
1KG Silver Rate in Delhi – 21th May, 2025
| Date | 1KG Silver Rate | Change |
| May 21, 2025 | ₹1,00,000 | -1.19% |
| May 20, 2025 | ₹1,01,200 | 1.20% |
| May 19, 2025 | ₹1,00,000 | -0.10% |
| May 18, 2025 | ₹1,00,100 | 0.10% |
| May 17, 2025 | ₹1,00,000 | 0.00% |
| May 16, 2025 | ₹1,00,000 | -0.89% |
| May 15, 2025 | ₹1,00,900 | 0.00% |
| May 14, 2025 | ₹1,00,900 | 0.00% |
| May 13, 2025 | ₹1,00,900 | -1.08% |
| May 12, 2025 | ₹1,02,000 | -0.10% |
| May 11, 2025 | ₹1,02,100 | 0.10% |
| May 10, 2025 | ₹1,02,000 | 0.00% |
| May 9, 2025 | ₹1,02,000 | -0.20% |
| May 8, 2025 | ₹1,02,200 | 2.30% |
| May 7, 2025 | ₹99,900 | -0.10% |
| May 6, 2025 | ₹1,00,000 | -0.99% |
| May 5, 2025 | ₹1,01,000 | -0.10% |
| May 4, 2025 | ₹1,01,100 | 0.10% |
| May 3, 2025 | ₹1,01,000 | 0.00% |
| May 2, 2025 | ₹1,01,000 | -1.94% |
| May 1, 2025 | ₹1,03,000 | -0.48% |
| Apr 30, 2025 | ₹1,03,500 | 0.00% |
| Apr 29, 2025 | ₹1,03,500 | -1.33% |
| Apr 28, 2025 | ₹1,04,900 | -0.10% |
| Apr 27, 2025 | ₹1,05,000 | 1.06% |
| Apr 26, 2025 | ₹1,03,900 | 0.00% |
| Apr 25, 2025 | ₹1,03,900 | -0.10% |
What is the Tax on the Silver Investment?
There are 3 types of tax applicable on the Silver Investment as follows:
- Short-term Capital Gains Tax: Silver is taxed according to your income tax bracket, and the profit is added to your taxable income if it is sold within 36 months of purchasing.
- Long-term Capital Gains Tax: LTCG is taxed at 20.8% with indexation benefits if the silver are sold after 36 months.
- Tax on Silver ETFs: ETFs, or Silver Exchange Traded Funds, assign 92% of their funds to silver or silver-related assets. Depending on the time of the investment, any returns from these assets are taxed as capital gains.
How are Live Silver Rates in Delhi Determined Today?
The cost of silver in Delhi is mostly influenced by the international market, like the London Bullion Market (LBMA) and the New York Mercantile Exchange (COMEX), which means any changes in the international market, like demand-supply changes and economic policies, may easily affect the Silver rates in Delhi. Since Silver rates are traded internationally, the conversion to Indian Rupees can affect the local silver prices. Understand that if the Indian rupee reduces against the U.S. dollar, then the silver rates in India will rise.
The MCX, Multi Commodity Exchange, shows live silver rates in India according to the market trends and sentiment. Silver rates usually fluctuate depending on the demand and supply, meaning sudden demand from the investors and jewellers, and seasonal demand like functions and occasions do affect the silver rates. Lastly, the Delhi Bullion & Jewelers Association (DBJA), which is an Association, changes the silver rates based on the above factors.
As of now, the chandi price in Delhi today has been stable, in fact, the chandi rate today in Delhi has been stable for the past 12 months, other than minor changes. It seems like the silver price will stay steady unless there are any big changes in the market. However, we recommend individuals buy silver when they see the price drop.
