Silver Price Today: Silver rises by Rs 20,236 in a day, prices reach close to ₹ 3 lakh in Delhi, UP and Bihar

News India Live, Digital Desk: Due to uncertainty in the international market and Iran-America tension, investors are turning to gold and silver instead of the stock market. According to IBJA, today silver opened at ₹ 2,86,936 per kg without GST, which has crossed ₹ 2.95 lakh with GST. Silver price in major cities (2 March 2026) The table below gives the latest rates of 1 kg silver (probable including GST): CityToday’s price (per kg) Change compared to yesterday New Delhi₹ 2,96,260₹ 15,120 ▼Lucknow (UP)₹2,96,200₹14,500 ▼Patna (Bihar)₹2,95,960₹14,480 ▼Mumbai₹2,96,770₹15,140 ▼Jaipur₹2,96,080₹14,490 ▼Silver Coin Price (10 grams)If you want to buy coins for investment, then today’s rate is this The variants are:Delhi: ₹2,660 per coinLucknow: ₹2,666 per coinMumbai: ₹2,665 per coinChennai: ₹2,670 per coinWhy are prices rising? (3 main reasons) War crisis: The military conflict between Iran-Israel and America has increased the demand for silver as a ‘Safe Haven’ globally. Jump in MCX: The future price of silver on the Multi Commodity Exchange (MCX) is trading at a level of ₹ 2,84,490 today with a rise of about 3.5%. Strength of Dollar: Amidst the global uncertainty, the strength of the dollar index also increased the prices of precious metals. Market experts believe that if tensions in the Middle East do not ease, silver may soon touch its all-time high of ₹ 3,50,000 (which was made on January 29, 2026) again. Buyers have been advised to purchase only after checking the hallmark and purity.