Nagpur's Itwari market is central India's primary silver retail centre, serving as a distribution hub for silver bullion and utensils across the entire Vidarbha region. Silver demand in Nagpur is heavily cyclical, tied directly to the success of regional agricultural harvests and peaking sharply during Dhanteras and the wedding season when farming families convert crop proceeds into silver bullion and utensils. The city's geographical position at the centre of India makes it a natural transit point for silver flowing between western refineries and eastern markets. Silver prices in Nagpur can carry slight premiums compared to Mumbai due to localised supply chain logistics and transportation costs.

Silver Traditions: Vidarbha farming families traditionally invest in silver bullion and utensils after harvest seasons, making Nagpur's Dhanteras silver sales among the highest per-capita in Maharashtra. Silver coins purchased during Dhanteras are kept as Lakshmi symbols in households.