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Silver Rate in Visakhapatnam

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

999 Fine per kg

Exchanges
🇮🇳 MCX
₹2,50,768
🇺🇸 COMEX
₹2,27,836
🇬🇧 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 — Visakhapatnam

Today's silver price in Visakhapatnam 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 — Visakhapatnam

Visakhapatnam is the primary silver market for coastal Andhra Pradesh, with Poorna Market serving as the central wholesale hub for silver utensils and bullion. The city's port facilitates silver imports, supporting the supply chain for the entire coastal Andhra corridor. Local demand is driven by traditional silver jewellery, utensils, and pooja articles that are essential in Telugu households. Dwaraka Nagar and Kurupam Market offer retail silver jewellery alongside wholesale options. The city's expanding IT sector is driving new demand for contemporary sterling silver jewellery among younger buyers, complementing the traditional market for heavy silver temple articles and bridal ornaments.

Silver Traditions: Telugu households traditionally maintain silver pooja articles, silver deity idols, and silver Kuthu Vilakku (lamps). Silver kolusu (anklets) and silver Vaddanam (waist belts) are essential bridal purchases in Andhra Pradesh's wedding traditions.

Silver Dealers in Visakhapatnam

Manchukondas Sri Lalithambica (Dwaraka Nagar), Sri Venkata Sai Jewellery (Poorna Market), Vaibhav Jewellers

National chains: Tanishq, Kalyan Jewellers, Malabar Gold, Joyalukkas, GRT Jewellers

Buying Tips

  • Poorna Market is the central point for wholesale silver utensils at competitive rates.
  • Kurupam Market offers localised silver designs and highly negotiable making charges.
  • For silver pooja articles, compare rates between Poorna Market wholesale dealers and T. Nagar-style retail showrooms.

Did You Know?

  • Vizag's port facilitates silver imports, giving the city a direct supply chain advantage for coastal Andhra's silver market.
  • The city serves as the primary silver retail destination for the entire coastal Andhra Pradesh corridor.

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