Silver Rate in Indore
| Spot Price | ₹2,32,848.00▼ -1.19%₹2,797.00 999 Fine per kg |
| Exchanges | 🇮🇳 MCX ₹2,36,115 🇺🇸 COMEX ₹2,19,619 🇬🇧 LBMA ₹2,13,631 🇨🇳 SGE ₹2,42,422 |
Silver Rate by Weight & Fineness
| Weight | 999Fine Silver(999) | 995Commercial(995) | 925Sterling(925) |
|---|---|---|---|
| 1g | ₹233 | ₹232 | ₹216 |
| 8g | ₹1,863 | ₹1,855 | ₹1,725 |
| 10gSTD | ₹2,328 | ₹2,319 | ₹2,156 |
| 100g | ₹23,285 | ₹23,192 | ₹21,560 |
| 1kg | ₹2,32,848 | ₹2,31,916 | ₹2,15,600 |
| Weight | 900Coin(900) | 800Utensil(800) | 970Industrial(970) |
|---|---|---|---|
| 1g | ₹210 | ₹186 | ₹226 |
| 8g | ₹1,678 | ₹1,492 | ₹1,809 |
| 10gSTD | ₹2,098 | ₹1,865 | ₹2,261 |
| 100g | ₹20,977 | ₹18,646 | ₹22,609 |
| 1kg | ₹2,09,773 | ₹1,86,465 | ₹2,26,089 |
By weight & fineness · MCX 999 benchmark per kg · Prices excl. GST (3%) & making charges
Today's silver price in Indore on 4 April 2026 stands at ₹233 per gram for 999 fine silver (99.9% purity), ₹216 per gram for 925 sterling silver (92.5% purity), and ₹186 per gram for 800 utensil silver (80% purity). The standard rate is ₹2,32,848 per kg for 999 fine silver. Silver rates in Indore are derived from MCX silver futures, updated throughout the day.
Silver Rate in Indore
| Spot Price | ₹2,32,848.00▼ -1.19%₹2,797.00 999 Fine per kg |
| Exchanges | 🇮🇳 MCX ₹2,36,115 🇺🇸 COMEX ₹2,19,619 🇬🇧 LBMA ₹2,13,631 🇨🇳 SGE ₹2,42,422 |
Silver Rate by Weight & Fineness
| Weight | 999Fine Silver(999) | 995Commercial(995) | 925Sterling(925) |
|---|---|---|---|
| 1g | ₹233 | ₹232 | ₹216 |
| 8g | ₹1,863 | ₹1,855 | ₹1,725 |
| 10gSTD | ₹2,328 | ₹2,319 | ₹2,156 |
| 100g | ₹23,285 | ₹23,192 | ₹21,560 |
| 1kg | ₹2,32,848 | ₹2,31,916 | ₹2,15,600 |
| Weight | 900Coin(900) | 800Utensil(800) | 970Industrial(970) |
|---|---|---|---|
| 1g | ₹210 | ₹186 | ₹226 |
| 8g | ₹1,678 | ₹1,492 | ₹1,809 |
| 10gSTD | ₹2,098 | ₹1,865 | ₹2,261 |
| 100g | ₹20,977 | ₹18,646 | ₹22,609 |
| 1kg | ₹2,09,773 | ₹1,86,465 | ₹2,26,089 |
By weight & fineness · MCX 999 benchmark per kg · Prices excl. GST (3%) & making charges
Gold Price Trend — Indore
Today's silver price in Indore on 4 April 2026 stands at ₹233 per gram for 999 fine silver, ₹216 per gram for 925 sterling silver, and ₹186 per gram for 800 utensil silver.
Silver Market — Indore
Indore's Sarafa Bazaar is one of central India's most active silver trading centres, serving as a key distribution hub for silver bullion and utensils across Madhya Pradesh and Chhattisgarh. The bazaar famously transitions from a secure bullion trading market by day to a massive street food destination by night. Indore serves as a central transit node for silver bullion moving between North and West India, giving it strategic importance in the national silver supply chain. The city's silver market caters to heavy Central Indian silver utensil demand, with wholesale dealers offering competitive rates on bulk silver purchases. Silver demand peaks during Dhanteras and the wedding season, when families purchase silver coins, utensils, and decorative articles.
Silver Traditions: Central Indian households traditionally purchase silver coins and utensils during Dhanteras as a symbol of prosperity. Silver thalis, glasses, and decorative items are integral to Malwa-region wedding gifting traditions.
Silver Dealers in Indore
DP Jewellers (Yashwant Niwas Rd), Punjab Jewellers (MG Road), Jhulelal Jewellers (Mhow)
National chains: Tanishq, Kalyan Jewellers, Malabar Gold, PC Jeweller, Joyalukkas
Buying Tips
- Sarafa Bazaar provides optimal wholesale rates on silver bullion and utensils in Central India.
- Negotiate aggressively on making charges for silver articles — margins are flexible here.
- Verify 925 purity on all sterling silver purchases, especially from smaller traders.
Did You Know?
- Sarafa Bazaar transitions from a high-security silver and gold bullion market by day to a massive night-time street food hub.
- Indore serves as a central transit node for silver bullion traversing between North and West India.
999, 925, 800 — fineness, uses & BIS hallmarking
LBMA, COMEX, MCX, import duty & price factors
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