🥈 Silver · India · 1970 to today
Silver Price History
From ₹18 / kg in 1970 to ₹2,63,966 / kg today — a 14665x rise over 56 years.
Silver data available from 1970. Pre-1970 records are too fragmented to be reliable.
Current price
₹2,63,966
/ kg
Since 1970
14665x
total increase
All-time high
₹2,63,966
2026
All-time low
₹18
1970
Price chart
Silver · INR · Annual
Dashed lines mark key historical events
Moments that moved prices
1966
Rupee Devaluation
Rupee devalued 57% under IMF pressure — from ₹4.76 to ₹7.50 per USD overnight. Import costs surged.
1991
Economic Liberalisation
India pledged 67 tonnes of gold to avoid default. Rupee devalued in two steps — ₹17.90 to ₹25.83 per USD. Economy opened under Manmohan Singh.
Silver: ₹1,587 / kg2008
Global Financial Crisis
Lehman Brothers collapsed. Investors rushed to gold as a safe haven. Indian gold price crossed ₹12,500.
Silver: ₹7,000 / kg2020
COVID-19 Pandemic
Lockdowns crashed petrol demand. Gold surged to ₹56,000 — the biggest single-year jump ever. Rupee fell to ₹74 per USD.
Silver: ₹63,000 / kgQuick stats
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