6 days ago
Indian Silver Rates Rise 0.78% After Previous Day’s Drop
Silver became more expensive in India on September 18, 2026.
The reported national price was ₹239 for one gram.
Ten grams cost ₹2,395, and one kilogram cost ₹2,39,490.
Prices were higher than the previous day according to the article.
A weaker US dollar helped make silver more attractive to buyers using other currencies.
Lower oil prices and fewer worries about supply problems in the Middle East also supported prices.
US Treasury yields fell after recently moving above 5 percent, which helped precious metals.
The US Federal Reserve still warned that tighter policy might be needed to control inflation.
Experts said silver could continue moving within a limited range.
The article advised investors to watch both Indian and international prices.
On September 18, 2026, silver was reported at ₹239 per gram, ₹2,395 per 10 grams, and ₹2,39,490 per kilogram in India.
The national rate was reported up 0.78% from the previous close, although the article’s comparison table lists the previous one-gram price as ₹238.
City rates were ₹239 per gram in Delhi, Kolkata, Mumbai, and Pune, and ₹240 in Ahmedabad, Bengaluru, Chennai, Hyderabad, and Surat.
A weaker dollar, lower oil prices, easing Middle East supply concerns, and falling US Treasury yields supported silver prices.
Analysts expected silver to remain range-bound as markets watched oil prices, central-bank policy, inflation, and the West Asia conflict.
- Who
- Indian silver buyers and investors, international markets, the United States Federal Reserve, and central banks are relevant to the price movement.
- What
- Indian silver prices were reported to rise 0.78%, reaching ₹239 per gram and ₹2,39,490 per kilogram nationally.
- Where
- India, including Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune, and Surat.
- When
- September 18, 2026; the article also compares the rate with September 17.
- Why
- The article attributes the rise to a weaker dollar, lower oil prices, easing Middle East supply concerns, and falling US Treasury yields, while continued inflation and Federal Reserve policy concerns limited the outlook.
Factors Supporting Silver
Factors Limiting Silver
Currency and yields
Factors Supporting Silver
The weaker dollar and retreat in US Treasury yields increased the appeal of silver, according to the article.
Factors Limiting Silver
The Federal Reserve signalled that a tighter monetary stance could be needed to contain inflation, which may weigh on precious metals.
Oil and geopolitics
Factors Supporting Silver
Lower oil prices and easing Middle East supply disruptions supported silver by reducing inflation concerns.
Factors Limiting Silver
Markets continued monitoring the West Asia conflict and oil-price movements, which could create uncertainty and keep silver range-bound.
Daily price comparison
Factors Supporting Silver
The article reported a 0.78% increase in the national silver rate on September 18.
Factors Limiting Silver
The article’s tables contain differing comparison figures: the national table lists ₹238 as the previous one-gram price, while the September 17 article reported ₹232 per gram.
Key facts
- Date
- September 18, 2026
- National rate
- ₹239 per gram; ₹2,395 per 10 grams; ₹2,39,490 per kilogram
- Reported daily change
- Gain of 0.78%
- Highest listed city rate
- Several cities, including Ahmedabad, Bengaluru, Chennai, Hyderabad, and Surat, were listed at ₹240 per gram
- Lowest listed city rate
- Delhi, Kolkata, Mumbai, and Pune were listed at ₹239 per gram
- Market drivers
- A weaker dollar, lower oil prices, easing Middle East supply concerns, and lower US Treasury yields supported silver
- Outlook
- Analysts expected silver to remain range-bound in the near term




