IBJA’s PM rate for Silver 999 fell to ₹2,08,275 per kilogram on October 15, 2026. The previous PM observation, dated October 14, was ₹2,13,822. The difference was ₹5,547, a decline of approximately 2.59% calculated from those two published values.
The direction changes if the comparison starts with the same day’s AM rate: October 15 AM was ₹2,07,098 per kilogram, below the PM reading. These statements are compatible because they compare different observations.
The dated silver observations
| Observation | Purity | ₹ per kilogram |
|---|---|---|
| October 15 PM | Silver 999 | 2,08,275 |
| October 14 PM | Silver 999 | 2,13,822 |
| October 15 AM | Silver 999 | 2,07,098 |
| PM-to-previous-PM change | Calculated by CapKet | −5,547; approximately −2.59% |
One kilogram is the price basis
The source specifies silver rates per kilogram. Do not compare this amount directly with a per-gram retail label, a different purity or a futures contract. IBJA also says its published rates exclude 3% GST and making charges. The number is therefore not a complete shop bill or a verified offer available in every Indian city.
This report uses the selected historical PM series for the previous-day comparison. It does not substitute the October 14 AM rate, a global spot quote or an MCX settlement. The percentage is CapKet’s arithmetic, rounded to two decimal places, not a separately published IBJA forecast.
Primary sources and observation
IBJA current AM/PM and historical PM rate tables · IBJA association website, provider context only. Observed 15/10/2026 at 17:38:35 IST (12:08:35.609 UTC). This is the source-checking time, not a claimed fixing time. No explanation for the price move or future direction was verified.
Related dated report: Gold 999 at ₹1,45,942 per 10g in IBJA PM Rate; Purity and Tax Matter.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.