Silver 999 price performance
▲ Up ₹15.00 (+5.7%) over 31 days
Indore, Madhya Pradesh, India
Silver Price
999 per gram
₹280.00
925 per gram
₹259.00
900 per gram
₹252.00
Last rate update: Mon, Jun 1, 2026 10:05 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹280.00 |
| Weight in grams | 10.000 |
| Gold value | ₹2,800.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹84.00 |
| Total | ₹2,884.00 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹280.00 | Verified |
| May 31, 2026 | ₹279.97 | Verified |
| May 30, 2026 | ₹280.00 | Verified |
| May 29, 2026 | ₹278.23 | Verified |
| May 28, 2026 | ₹278.62 | Verified |
| May 27, 2026 | ₹285.00 | Verified |
| May 26, 2026 | ₹285.00 | Verified |
| May 25, 2026 | ₹284.96 | Verified |
| May 24, 2026 | ₹284.90 | Verified |
| May 23, 2026 | ₹284.90 | Verified |
If you're in Indore, Madhya Pradesh, and interested in silver, understanding current prices and market trends is essential. As of 12 May 2026, silver prices in India vary based on purity levels. For example, 999 purity silver is priced at approximately 290 INR per gram, while 925 purity silver is around 268.25 INR. Silver prices can fluctuate daily, influenced by global market conditions and local demand. Tracking recent price movements helps buyers make informed decisions, whether purchasing for investment, jewelry, or industrial use. It's advisable to stay updated with the latest rates and market trends to ensure you get the best value when buying or selling silver in Indore. Remember, verifying purity and understanding market dynamics can help you navigate transactions confidently and avoid potential pitfalls.
Market
Market pulse
Silver prices in Indore have shown a steady upward trend recently, with the latest rate reaching approximately 290 INR for 999 purity as of 12 May 2026. Over the past month, prices have experienced fluctuations, influenced by global economic factors and local demand. The market remains active, with buyers and sellers closely monitoring daily changes. Staying informed about market movements can help you identify optimal times for transactions. As the global economy evolves, silver continues to be a popular choice for investors and jewelry makers alike, reflecting its enduring value and versatility in the Indian market.
Guide
Buyer playbook
When purchasing silver in Indore, start by researching current rates for different purities, such as 999 and 925, to determine fair pricing. Always verify the purity markings on silver items or bars to ensure authenticity. Compare prices from multiple reputable vendors to find the best deal, and consider the reputation of the seller. If buying in bulk, negotiate for better rates, especially if purchasing from local dealers or jewelers. Keep an eye on market trends and recent price movements to time your purchase effectively. Additionally, inquire about return policies and certification documents to safeguard your investment. Proper due diligence can help you make confident, informed decisions when buying silver in Indore.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Compare prices from multiple vendors.
- Confirm seller reputation.
- Request certification or authenticity documents.
- Keep records of your purchase for future reference.
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FAQ
Frequently asked questions
What is the current price of silver in Indore?
As of 12 May 2026, silver with 999 purity is priced at approximately 290 INR per gram, and 925 purity silver is around 268.25 INR per gram.
How do I verify the purity of silver in Indore?
Check for official purity markings on silver items or bars and buy from reputable vendors who provide certification or authenticity documents.
Are silver prices in Indore affected by global trends?
Yes, global economic factors influence silver prices worldwide, including in Indore, causing fluctuations based on market demand and supply.
What should I consider when buying silver in Indore?
Compare prices from multiple vendors, verify purity, check seller reputation, and review certification documents to ensure a reliable purchase.
Is it better to buy silver in jewelry or bars in Indore?
It depends on your purpose; bars are often more cost-effective for investment, while jewelry offers aesthetic value but may include additional costs.
How often do silver prices change in Indore?
Silver prices can fluctuate daily based on global and local market conditions, so staying updated regularly is advisable.