Silver market chart
Historical benchmark in INR per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in INR per Baht
Live silver price history in Indian Rupee (INR) per baht. Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 15.2440 grams
= 0.490106 troy ounces
Price per baht: —
Silver price by currency
Fine silver per baht · current exchange rates
—
US Dollar
—
Euro
—
British Pound
—
Japanese Yen
—
Swiss Franc
—
Australian Dollar
—
Canadian Dollar
—
Indian Rupee
—
Chinese Yuan
—
Singapore Dollar
—
Hong Kong Dollar
—
UAE Dirham
—
Saudi Riyal
—
Mexican Peso
—
Brazilian Real
—
South Korean Won
—
South African Rand
—
Russian Ruble
—
Turkish Lira
—
Polish Zloty
—
Thai Baht
—
Malaysian Ringgit
—
Indonesian Rupiah
—
Philippine Peso
—
Vietnamese Dong
—
New Zealand Dollar
—
Swedish Krona
—
Norwegian Krone
—
Danish Krone
—
Czech Koruna
—
Taiwan Dollar
Silver price by weight
| Weight | Grams | Spot value (INR) |
|---|---|---|
| Troy Ounce | 31.1035 | — |
| Gram | 1 | — |
| Kilogram | 1000 | — |
| Pennyweight | 1.55517 | — |
| Tola | 11.6638 | — |
| Tael (Hong Kong) | 37.429 | — |
| Tael (Shanghai / Mainland China) | 50 | — |
| Tael (Taiwan) | 37.5 | — |
| Grain | 0.0648 | — |
| Momme | 3.75 | — |
| Baht | 15.244 | — |
| Chi | 3.75 | — |
| Don | 3.75 | — |
| Mesghal | 4.6875 | — |
What is a Baht? Silver weight, conversions and local use
Definition. The gold baht is 15.244 g of 96.5% pure gold as sold in Thai shops, or 15.16 g when the metal is pure. Locally it is written บาท. One baht equals 15.244 grams, or 0.49011 troy ounces, which at today's silver spot price works out to — INR.
Where it is used. Thai gold shops sell chains and bars by the baht, and the Gold Traders Association publishes a daily buy and sell rate for exactly this unit. The unit is the trading standard in Thailand.
Pricing conventions. Thai 96.5% jewellery carries a small fixed workmanship charge rather than a percentage premium, which is why Thai gold is unusually easy to resell near its quoted value. Silver is bulkier per unit of value, so quotes in small traditional units are usually a conversion, while real trade happens in kilogram and 1 000 oz bars.
Good to know. The weight unit shares its name with the currency but is entirely separate — a 'one baht' chain is a weight, not a price.
Silver price per Baht in INR — quick conversion table
| Quantity | Grams | Troy ounces | Value (INR) |
|---|---|---|---|
| 1 baht | 15.244 g | 0.4901 oz t | — |
| 5 bahts | 76.22 g | 2.4505 oz t | — |
| 10 bahts | 152.44 g | 4.9011 oz t | — |
| 100 bahts | 1,524.4 g | 49.0106 oz t | — |
Values are calculated from the live XAG spot price converted into Indian Rupee and refresh with the price above.
Buying Silver in India: local market, taxes and premiums
At the live price shown above per baht, the price you see here is the international XAG spot price converted into Indian Rupee. Physical buyers in India pay that reference plus a premium, and local trading is concentrated around Mumbai's Zaveri Bazaar, plus Ahmedabad and Chennai. Buyers there generally watch the IBJA daily rate published for 999 and 916 gold as the day's reference.
Taxes and duties. Silver is also taxed at 3% GST; platinum and palladium are niche and mostly sold as jewellery. Silver is bulkier and cheaper per unit, so shipping, storage and consumption taxes matter far more to the final price than they do for gold. That is why the shop price of silver in INR can sit noticeably above the spot value of the same baht of metal.
How people usually buy. The common routes in India are family jewellers, national chains such as Tanishq and Kalyan, Sovereign Gold Bonds and Gold ETFs and digital gold apps. The products most often quoted locally include 22K jewellery, gold coins of 8 g and 10 g, 1 tola bars, Sovereign Gold Bonds.
Local conventions. Gold is bought by the tola (11.6638 g) and in 22K (916) purity, with BIS hallmarking now mandatory; demand peaks at Dhanteras, Akshaya Tritiya and the wedding season. Before you buy, compare the dealer's asking price per baht with the live silver price above, and check the buy-back spread the same dealer offers — that round-trip cost matters more than a small difference in the headline INR quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in India can change.
Other Precious Metals in INR
Compare prices across different precious metals
About Silver Price in INR
What is Silver?
Silver is a chemical element with symbol Ag and atomic number 47. It is a soft, white, lustrous transition metal with the highest electrical conductivity of any element.
History
Silver has been known since ancient times. It was one of the first five metals discovered by humans, along with gold, copper, lead, and iron.
Common Uses
Interesting Facts
- •Silver has the highest electrical conductivity of any element
- •Silver has antimicrobial properties
- •The word 'silver' appears in many languages as a root for 'money'
Silver Price Per Baht in Indian Rupee
The current silver price per baht in Indian Rupee (INR) is updated in real-time based on international market rates. Silver is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling silver in India, it's important to understand that prices are typically quoted in troy ounces on international markets. Our converter helps you easily calculate the price in bahts, which may be more practical for local transactions.
The baht is a Thai unit of weight for gold, equal to 15.244 grams. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current INR Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for India investors tracking silver in INR.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in INR – FAQ
How much does one ounce of silver cost in INR today?
One troy ounce of silver currently costs approximately the live spot price shown on this page. This live spot price is refreshed every 5 minutes from MetalflowAPI market data and reflects the international XAG/INR rate.
What is the current silver rate in India today?
The current silver rate in India is the live spot price shown on this page per baht. Prices refresh every 5 minutes and follow the international Silver spot price converted to Indian Rupee.
How much is 1 baht of silver in INR?
1 baht of silver equals the live spot price shown on this page today. This is calculated from the live spot price per troy ounce, converted via the INR exchange rate (1 baht = 15.244 grams).
How is the silver price per baht calculated?
The silver price per baht is calculated by converting the international spot price (quoted per troy ounce in USD) to INR using the current exchange rate, then converting to the baht weight unit (1 baht = 15.244 grams).
Do I pay tax or VAT when buying silver in India?
Silver is also taxed at 3% GST; platinum and palladium are niche and mostly sold as jewellery. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per baht more than small differences in the INR spot quote.
Where do people usually buy silver in India?
The usual routes are family jewellers, national chains such as Tanishq and Kalyan, Sovereign Gold Bonds and Gold ETFs, digital gold apps. Local trading is centred on Mumbai's Zaveri Bazaar, plus Ahmedabad and Chennai, and the products most often quoted are 22K jewellery, gold coins of 8 g and 10 g, 1 tola bars, Sovereign Gold Bonds.
Why is the shop price of silver higher than the spot price in INR?
Retail prices add a dealer premium covering refining, minting, shipping, insurance and margin, plus any local tax. Silver is bulkier and cheaper per unit, so shipping, storage and consumption taxes matter far more to the final price than they do for gold. Compare the asking price per baht with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the India silver market follow?
Local buyers generally follow the IBJA daily rate published for 999 and 916 gold, converted into Indian Rupee (INR). Gold is bought by the tola (11.6638 g) and in 22K (916) purity, with BIS hallmarking now mandatory; demand peaks at Dhanteras, Akshaya Tritiya and the wedding season.