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Silver Rate in Amritsar

MCX Closed
Spot Price
₹2,67,360.00 +5.81%+₹14,678.00

999 Fine per kg

Exchanges
🇮🇳 MCX
₹2,50,768
🇺🇸 COMEX
₹2,27,956
🇬🇧 LBMA
₹2,35,833
🇨🇳 SGE
₹2,51,872

Silver Rate by Weight & Fineness

Weight999995925
1g₹267₹266₹248
8g₹2,139₹2,130₹1,980
10gSTD₹2,674₹2,663₹2,476
100g₹26,736₹26,629₹24,756
1kg₹2,67,360₹2,66,289₹2,47,556
Weight900800970
1g₹241₹214₹260
8g₹1,927₹1,713₹2,077
10gSTD₹2,409₹2,141₹2,596
100g₹24,086₹21,410₹25,960
1kg₹2,40,865₹2,14,102₹2,59,599

By weight & fineness · MCX 999 benchmark per kg · Prices excl. GST (3%) & making charges

Gold Price Trend — Amritsar

Today's silver price in Amritsar on 19 May 2026 stands at ₹267 per gram for 999 fine silver, ₹248 per gram for 925 sterling silver, and ₹214 per gram for 800 utensil silver.

Silver Market — Amritsar

Amritsar's Guru Bazaar is Punjab's prominent silver market, serving as the central hub for wholesale silver utensils and bullion. The city's proximity to the Golden Temple drives demand for silver offerings and religious articles — silver-plated items and silver coins are popular purchases for devotees visiting the shrine. The NRI diaspora heavily influences the market, with massive sales of silver tableware and utensil sets during the winter wedding season when overseas Punjabis return for celebrations. Punjabi weddings include significant silver utensil purchases, making Amritsar's wedding season silver trade among the most intensive in North India. The MGR Overseas refinery supports the local silver supply chain.

Silver Traditions: Punjabi silver traditions centre on elaborate bartan (utensil) sets for weddings — silver thalis, glasses, bowls, and serving dishes. Silver tableware gifting is a hallmark of Punjabi hospitality, and silver items purchased from Guru Bazaar for Golden Temple offerings carry special devotional significance.

Silver Dealers in Amritsar

Kimti Lal & Sons (Chowk Tahli Wala), RS Gold (Mall Road), M Kaur Jewellers (Kennedy Avenue)

National chains: Tanishq, Kalyan Jewellers, Malabar Gold, PC Jeweller, Joyalukkas

Buying Tips

  • Guru Bazaar is essential for wholesale silver utensils and tableware at the best rates in Punjab.
  • For Golden Temple silver offerings, buy from authorised dealers near the temple complex for guaranteed purity.
  • Winter wedding season offers the widest silver utensil selection but at peak demand pricing.

Did You Know?

  • Guru Bazaar is one of the oldest continuous wholesale silver markets in Northern India.
  • The NRI diaspora drives massive, targeted silver tableware purchases during the winter wedding season.

Other Silver Cities

Check today's silver rate across 30 major Indian cities