There was an outpouring of buyers of silver! It became very cheap in a week, see today’s latest price chart

Silver Rate Today 29 March 2026: In the bullion market this week, silver sometimes gave a shock to the investors and sometimes a big relief. Within the last few days, there has been a decline in the prices of silver which has surprised everyone. While at one time the price of silver was hovering around ₹ 2.32 lakh per kg, now it has fallen to the level of ₹ 2.21 lakh. That means a huge weakness of more than ₹ 10,700 has been seen directly.

A period of huge fluctuations in the market

However, a slight recovery was also seen in the market in the last days of the week. On March 29, 2026, the price of silver has once again reached around ₹ 2,45,000 per kg. It is worth noting that on Friday, silver had fallen by ₹ 11,250 to ₹ 2,30,000 per kg in Delhi’s bullion market, but later it bounced again from lower levels.

MCX and international market conditions

Silver futures on Multi Commodity Exchange (MCX) also remained sluggish and slipped to ₹ 2,27,750 per kg, whereas earlier it had closed at ₹ 2,27,954. Talking about the global market, the spot silver price is currently around $68.12 per ounce. Actually, investors are nervous due to the increasing war tension between America, Israel and Iran. They are withdrawing money from precious metals and investing it in safe options like dollar, which is showing direct pressure on silver prices.

Today’s latest prices in major cities of the country

Today, on March 29, 2026, the prices of silver in different cities of India are as follows:

Silver becomes cheaper by ₹ 1.64 lakh from record high

If we look at the all-time high record of silver, then on January 29 this year, silver had reached a historic level of ₹ 3.86 lakh per kg. But since then it is showing a continuous decline. Within just 57 days, silver has become cheaper by about ₹ 1.64 lakh, which can prove to be a big opportunity for buyers.

Why do prices increase and decrease?

The price of silver in India depends on many things. Apart from the international rate, the position of the rupee against the dollar, import duty, GST and local demand play a big role in this. Since India imports most of the silver it requires from abroad, the impact of the global turmoil falls directly on our pockets. Also, due to increased demand during the wedding season, prices start rising again.