Silver prices continued to move lower on Tuesday, September 29, 2026, with the domestic market witnessing another decline. Silver has been under pressure for the past two trading days, while gold prices have also fluctuated during the same period.
On the Multi Commodity Exchange (MCX), silver futures were trading around ₹2.25 lakh per kilogram during the morning session. At 10:22 AM, the MCX silver price stood at ₹225,075 per kg, down 1.04%. In the previous trading session, silver had closed at ₹227,442 per kg.
This means silver was trading ₹2,367 lower than its previous closing level.
MCX Silver Price Today
The latest MCX data showed silver futures declining 1.04% to ₹225,075 per kilogram on September 29. The previous session’s closing price was ₹227,442 per kg.
Gold was also trading lower during the session. At the time of the report, the MCX price of 10 grams of gold stood at ₹146,023, while silver was priced at ₹225,075 per kilogram.
Precious metal prices can continue to fluctuate during the trading session, so the rates may change throughout the day.
Silver Price From Its All-Time High
MCX data shows that the all-time high for silver was ₹420,048 per kilogram. At the current level of ₹225,075 per kg, silver is ₹195,006 below that peak.
Gold has also moved down from its reported record level of ₹193,096, which was recorded on January 29. From that level, the price has declined by ₹47,061.
International Gold and Silver Prices
Precious metals also recorded declines in the international market. According to Comex data, at 9:15 AM, gold was down 0.05% at $4,166.40 per ounce.
Silver also remained under pressure, falling 1.13% to $61.020 per ounce.
City-Wise Silver Rates Today
The price of silver can differ across markets. The latest city-wise rates for 1 kilogram are as follows:
| City | Silver Price (1 kg) |
|---|---|
| Delhi | ₹240,000 |
| Mumbai | ₹240,000 |
| Kolkata | ₹240,000 |
| Chennai | ₹245,000 |
| Patna | ₹240,000 |
| Lucknow | ₹240,000 |
| Meerut | ₹240,000 |
| Ayodhya | ₹240,000 |
| Kanpur | ₹240,000 |
| Varanasi | ₹240,000 |
| Ghaziabad | ₹240,000 |
| Noida | ₹240,000 |
| Gurugram | ₹240,000 |
| Chandigarh | ₹240,000 |
| Jaipur | ₹240,000 |
Disclaimer
The silver and gold prices mentioned in this article are based on the rates provided for September 29, 2026 and may change with market movements. Prices can also vary between cities and sellers. Readers should verify the latest rates with a trusted jeweller or relevant market source before making any purchase or investment decision.