🥈 Silver Price Today in Chennai
Updated 9 June 2026 · MCX rates · All denominations
Silver Rate per Gram — Chennai
₹270
0 (0.00%) today
🥈
Silver Rate — All Denominations in Chennai
| Denomination | Price (₹) | Change |
|---|---|---|
| Per Gram | ₹270 | -10 (-3.57%) |
| Per 10 Grams | ₹2,700 | -100 (-3.57%) |
| Per Tola (11.66g) | ₹3,148 | -116.59 (-3.57%) |
| Per 100 Grams | ₹27,000 | -1,000 (-3.57%) |
| Per 250 Grams | ₹67,500 | -2,500 (-3.57%) |
| Per Kg | ₹2,70,000 | -10,000 (-3.57%) |
Silver in Chennai — Key Facts
- →Silver price in Chennai tracks MCX silver futures, adjusted for local taxes and dealer margins.
- →A 3% GST applies on all physical silver purchases in India, including Chennai.
- →Silver is priced in rupees per gram. One tola equals 11.66 grams, a traditional Indian unit for precious metals.
- →Industrial demand (solar panels, EV batteries, electronics) drives global silver prices, making it more volatile than gold.
Silver vs Gold in Chennai
- →The gold-silver ratio (gold price ÷ silver price) historically averages around 60–80. Above 80, silver is considered relatively cheap.
- →Silver is more affordable for retail investors. A 100g silver bar costs a fraction of a 10g gold coin.
- →No Sovereign Silver Bond exists in India. Physical purchase or MCX futures are the main investment routes.
- →Silver prices in Chennai may vary slightly from Mumbai MCX rates due to local demand and transport costs.
Frequently Asked Questions — Silver Price Chennai
What is today's silver price per gram in Chennai?
Today's silver rate in Chennai is ₹270 per gram as of 9 June 2026. The price has decreased by ₹0 today.
What is the silver rate per kg in Chennai today?
The silver price per kg in Chennai today is ₹2,70,000. This is calculated from the per-gram rate of ₹270.
Why does silver price vary between cities?
Silver prices can vary slightly between Indian cities due to local state taxes (octroi, entry tax), transport costs, dealer margins, and local supply-demand dynamics.
Is GST applicable on silver purchase in Chennai?
Yes, GST at 3% is applicable on all physical silver purchases across India including Chennai. The prices shown here may or may not include GST — always confirm with your dealer.