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Mumbai Silver Rates Update January 29, 2026
Silver rates in Mumbai today are: Silver 10g: Rs 4,100. Silver 100g: Rs 41,000. Silver 1kg: Rs 4,70,000. These rates can change every day, sometimes even more than once.
Mumbai is a busy place for buying and selling silver. Many families buy silver for weddings, festivals, or as gifts. You can find lots of silver shops in places like Zaveri Bazaar and Crawford Market. Some people buy silver bars or coins as an investment.
if you want to buy silver, always check the latest rates. the price can go up or down depending on international markets and the value of the rupee. big changes in gold prices can also affect silver. sometimes, during festival seasons like Diwali, the demand goes up and prices might rise too.
making charges, GST, and other fees are extra when you buy silver jewellery. the price you pay in shops is usually higher than the basic rate because of these charges. so, it’s good to ask for a price breakup before buying.
many buyers in mumbai also sell old silver. shops weigh the silver and give you a rate based on the day’s price. if your silver has stones or other metals mixed in, the price can be less.
and remember, silver is cheaper than gold but the rates still move a lot. it’s important not to rush. check rates from a few shops or online sources before you buy or sell.
these are today’s silver rates in mumbai. rates keep changing, so always check the new price before making any decision.
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Mumbai Silver Rates Update February 18, 2026
Silver rates in Mumbai today are: Silver 10g: Rs 2,599, Silver 100g: Rs 25,990, Silver 1kg: Rs 2,59,900. These can change daily. People in Mumbai watch these numbers closely. Some buy a little silver for savings. For others, it’s a small part of wedding gifts or religious events.
Silver is cheaper than gold. That’s why many choose silver for jewellery, coins, or small bars. It is easy to buy and sell. Places like Zaveri Bazaar in Mumbai sell all kinds of silver items. Most local jewellers show today’s rate outside their shop. You can check it before buying.
The rate of silver depends on many things. It follows international prices. The value of rupee also matters. If the dollar becomes strong, silver prices can go up. If the demand for silver jewellery or industrial use rises, rates may rise too. Festivals may also see a small increase in demand and price.
Unlike gold rates, which are usually shown for 10g, silver is often sold per kg. But people also buy smaller amounts. For small investors, silver is an easier entry point compared to gold. It does not need big money.
Remember, silver prices change every day. Sometimes the price can drop suddenly. So check the rate before you buy. Avoid buying from unknown sellers. Always ask for a bill. In Mumbai, the weight and purity will decide the final cost.
There is no sure way to predict tomorrow’s price. Stay updated. Only buy if you really need silver, or want it as an investment. And always compare prices at two or three shops before you decide.
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Mumbai Gold Rates Update February 18, 2026
Gold rates in Mumbai today are:
Gold 24k (10g): Rs 1,54,190
Gold 22k (10g): Rs 1,41,340
Gold 18k (10g): Rs 1,15,640
Mumbai is one of the biggest gold markets in India. Many people here buy gold for festivals, weddings, and savings. Shops in places like Zaveri Bazaar get crowded, especially during the wedding season. Prices in Mumbai usually follow the international market. Still, a bit extra is added for making charges and taxes.
Gold rates change every day. Today, 24 karat gold, which is the purest, is at Rs 1,54,190 for 10 grams. 22 karat gold, common for jewellery, is Rs 1,41,340 for 10 grams. 18 karat, which is mixed with other metals, is Rs 1,15,640 for 10 grams. These rates are close in most parts of the city, but the final price at jewellery shops may differ.
In Mumbai, people often check prices before buying or selling. Many use local jewellers they trust. Some check rates on websites or by phone before making a decision. Gold remains important in Mumbai because it is seen as a safe investment. But it is also expensive, and prices can go up and down fast.
If you want to buy gold, always check the rate for the day. Calculate extra charges before buying. And remember, selling gold does not always get you the same rate. The jeweller may cut some amount for wastage or old jewellery. So, check everything before you buy or sell gold in Mumbai.
Latest News
India Seizes 3 US-Sanctioned Oil Tankers Near Mumbai Over Suspected Iran-Linked Transfers
India has reportedly seized three US-sanctioned oil tankers — Stellar Ruby, Asphalt Star and Al Jafzia — off the Mumbai coast after detecting suspicious ship-to-ship transfers within its EEZ. The move comes amid a wider crackdown on illegal maritime oil trade and sanctions evasion linked to Iran.
According to sources familiar with the matter, India has seized three oil tankers: Stellar Ruby, Asphalt Star and Al Jafzia.
These were sanctioned by the US and suspected of having links to Iran.
This incident comes amid a major crackdown on illegal maritime oil trade.
Interceptions off the Mumbai Coast
Indian authorities reportedly intercepted three vessels in February 2026, approximately 100 nautical miles west of Mumbai after detecting suspicious ship-to-ship transfer activity within India’s Exclusive Economic Zone (EEZ).
These operations are believed to have been used to conceal the origin of the oil cargo and evade coastal law enforcement.
It’s worth noting that security sources told Reuters that the tankers frequently changed their identities to avoid detection.
This tactic is often employed by ships seeking to evade sanctions. It’s reported that these ships are owned by foreign entities making surveillance difficult.
International Sanctions and Oil Smuggling Concerns
Surprisingly last year, the US Office of Foreign Assets Control (OFAC) banned ships named Global Peace, Chill 1, and Glory Star 1.
These ships reportedly have the same IMO numbers as the ships now seized by India. Shipping data shows that the Al Jafzia transported Iranian fuel oil to Djibouti in 2025.
The Stellar Ruby flew an Iranian flag. However the National Iranian Oil Company (NIOC) denies any connection between the tankers, their cargo and its operations.
According to shipping intelligence, the Asphalt Star was mostly active in routes around China, revealing global movement patterns of such vessels.
Surveillance Efforts Stepped Up
In response to these incidents the Indian Coast Guard has significantly increased its maritime surveillance.
Approximately 55 ships and 10-12 aircraft have been deployed to monitor activities in Indian waters and prevent future illegal activities.
Officials say this move demonstrates India’s determination to keep its waters free from illegal oil trade and unauthorized ship-to-ship transfers. This could undermine international sanctions regimes and complicate enforcement efforts.
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