Silver Price in India

28th June 2025

Silver /g

₹105.30

- ₹0.91

price-down

Silver /kg

₹105,300.00

- ₹905.00

price-down

The price of silver in India today is ₹ 105.30 per gram and ₹ 105,300.00 per kilogram. Silver price in India is determined by international prices, which move in either direction. Other then that it also depends on currency movement of the rupee against the dollar. If the rupee falls against the dollar and international prices remain stable, silver will become more expensive

Today Silver Price Per Gram/Kg in India (INR)

Gram Today Yesterday Change
1 ₹105.30 ₹106.21 - ₹0.91
8 ₹842.40 ₹849.64 - ₹7.24
10 ₹1,053.00 ₹1,062.05 - ₹9.05
100 ₹10,530.00 ₹10,620.50 - ₹90.50
1000 ₹105,300.00 ₹106,205.00 - ₹905.00

Gold-Silver Ratio Explained in INR & When to Invest

The Gold-Silver Ratio (GSR) is a crucial metric used by investors to determine whether gold or silver is the better buy at any given time. It is calculated as:

For example, if gold is ₹60,000 per 10g and silver is ₹72,000 per kg, the GSR would be 83.3. This means 83.3 kg of silver is needed to buy 1 kg of gold.

Key Gold-Silver Ratio Trends & Expert Advice

  1. High GSR (Above 80-90) → Silver is Undervalued
  • Historically, when the ratio is above 80, experts suggest that silver is undervalued relative to gold.
  • Best Time to Buy: Silver – as it has more upside potential.
  • Reasoning: Silver tends to outperform gold when the ratio corrects.
  •  

Expert View: Many investors accumulate silver when the ratio is high, expecting silver prices to rise faster than gold when the market reverses.

📌 Example: In 2020, the GSR hit over 120 during the COVID-19 panic. Shortly after, silver rallied strongly, outperforming gold.

  1. Low GSR (Below 50) → Gold is Undervalued
  • When the ratio drops below 50, it indicates that gold is cheaper relative to silver.
  • Best Time to Buy: Gold – as silver may be overvalued or gold could be due for a stronger performance.
  • Reasoning: Gold is seen as a safe-haven asset, and during financial crises, it holds value better than silver.
  •  

Expert View: Many long-term investors accumulate gold when the ratio is low to protect their portfolio against market instability.

📌 Example: In 2011, the GSR dropped to 31 as silver hit an all-time high, shortly after which silver corrected sharply, and gold outperformed.

Historical Averages & What Experts Say

📊 Historical GSR Average: 50-60

  • Many investors look at this range as a neutral point.
  • If the ratio moves significantly above or below this range, it signals an opportunity.

🔍 What Experts Suggest:

  • Above 80-90 → Buy Silver
  • Below 50 → Buy Gold
  • Near 50-60 → Hold or Balance Portfolio

Final Investment Strategy Based on GSR

📌 Aggressive Approach:

  • Buy silver when GSR is above 80-90
  • Swap silver for gold when GSR drops below 50

📌 Conservative Approach:

  • Hold both gold and silver in a balanced proportion.
  • Adjust allocation slightly based on extreme GSR movements.

📌 Best Long-Term Play:

  • If GSR is high, invest more in silver.
  • If GSR is low, accumulate gold for stability.

Conclusion: How to Use GSR for Smart Investing?

Gold is the safer, long-term store of value.
Silver has more volatility but higher upside in bull markets.
Use the Gold-Silver Ratio to decide which asset offers better value at the moment.

💡 Expert Tip: Keep an eye on historical patterns, economic trends, and central bank policies before making a decision. Diversify between both metals based on your risk tolerance and financial goals.

Mindset Analysis of People Who Choose Gold Over Other Asset Classes

People who choose to invest in gold over other asset classes have a distinct mindset driven by security, stability, and long-term value. Their decision is shaped by historical trust, economic factors, and emotional connections to gold. Here’s a breakdown of their psychology:

  1. Safety & Security Seekers
  • Risk-Averse Mindset: Prefer tangible assets that hold intrinsic value over time.
  • Trust in Stability: Unlike stocks or cryptocurrencies, gold doesn’t lose all value overnight.
  • Inflation Hedge: See gold as a shield against currency depreciation and rising prices.

Example: During economic uncertainty, these individuals move away from volatile assets and accumulate gold as a financial cushion.

 

  1. Long-Term Wealth Builders
  • “Store of Value” Mentality: Focus on long-term preservation rather than short-term gains.
  • Intergenerational Wealth: Gold is seen as a family asset, passed down through generations.
  • No Default Risk: Unlike bonds or fixed deposits, gold carries no risk of default by an institution.

Example: A person looking to preserve wealth over decades might prioritize gold over stocks, real estate, or digital assets.

 

  1. Tradition & Emotional Connect Buyers
  • Cultural Significance: In many cultures (especially in India, China, and the Middle East), gold is associated with prosperity and blessings.
  • Wedding & Festival Influence: Many buyers purchase gold for religious ceremonies and special occasions.
  • Psychological Comfort: Owning gold gives a sense of financial security and emotional satisfaction.

Example: An Indian family buys gold coins during Diwali, believing it brings good fortune.

 

  1. Crisis & Doomsday Preppers
  • “Safe Haven” Mindset: In times of crisis (recession, war, or banking failures), gold is their go-to asset.
  • Fear of Financial System Collapse: Some buy gold to avoid dependence on banks or digital assets.
  • Portability & Liquidity: Gold can be easily liquidated anywhere in the world.

Example: Investors rushed to buy gold during the 2008 financial crisis and COVID-19 market crashes.

 

  1. Diversification Strategists
  • Not “All Eggs in One Basket”: Believe in spreading risk across different assets.
  • Balance Against Market Volatility: Mix gold with stocks, real estate, or mutual funds.
  • Tactical Allocation: Some investors shift to gold when they foresee stock market corrections.

Example: A smart investor holds 10-15% of their portfolio in gold to balance risk exposure.

 

Final Thoughts: Why Gold Wins Their Trust?

  • Tangible & Timeless – Unlike digital assets, gold is real and recognized globally.
  • Inflation-Proof & Crisis-Proof – Gold has outlived every financial crisis.
  • Resale Value & Liquidity – It can be converted into cash anytime, anywhere.
  • Emotional & Cultural Attachment – More than an investment, it’s a legacy.

 

Conclusion:

The mindset of a gold buyer is rooted in security, stability, and legacy-building. Whether driven by financial prudence, cultural values, or crisis preparedness, they trust gold as the ultimate asset for wealth preservation.