Silver rate today: Silver price touches Rs 1.71 lakh/kg as white metal’s demand soars

Silver prices in India have been on a tear, registering sharp gains across the bullion market and capturing investor attention. With Diwali and Dhanteras just around the corner, many people are buying silver as purchasing it is considered auspicious.

Numerous factors impact silver prices for Indian as well as international markets. The need from industry is one of the main driving factors for silver price. Numerous high-tech sectors, such as electronics, solar energy, and the automobile use silver for manufacturing. When the industrial demand for silver rises, it has a huge impact on silver prices.

Also read: Global shortage propels silver price to record high: Good time to invest in white metal?

Silver price today (October 13, 2025)

As per MCX spot price daily data, silver was trading at Rs 1,71,085 per kg on Monday (October 13, 2025).
The silver price on October 10, 2025, was Rs 1,62,432, while on October 9, 2025, it traded at Rs 1,58,112.

What are different forms of silver investments?

Investors can buy silver in different forms such as silver coins or bars, digital silver and silver ETF.

What is a Silver ETF?

According to the Kotak Mutual Fund website, “A Silver ETF is a type of fund that tracks the price of silver and allows investors to gain exposure to silver without physically owning it. Silver ETFs are designed to mirror the performance of silver in the markets, which means they rise or fall in value based on the price of silver. The fund is listed on a stock exchange, just like stocks, and can be bought or sold throughout the trading day.”

Purity of silver

The purity of silver is measured in parts per thousand. So, when we see words like "999" and "925," it shows how much of the item is actually silver.

According to the MMTC PAMP website, “Pure silver or 99.9% silver, this is the highest grade of silver available. It contains 999 parts silver out of 1000. It has a soft texture and is mostly used for making silver bars, coins, and some premium jewellery. It's not the best for everyday jewellery because it bends easily, but it's perfect for investment and gifting purposes.”

925 sterling silver

In jewellery, 925 silver is the most widely used grade of silver. It is composed of 7.5% additional metals, usually copper, and 92.5% silver. This small mixture keeps the silver's lustre while making it robust enough for daily usage.

GST on silver purchases

If you want to buy silver bars online or from a jeweller, be aware that you will have to pay Goods and Services Tax (GST) at the time of purchase. When purchasing silver, you must pay 3% GST. This tax still applies whether buying silver bars, coins, jewellery, or even raw silver.