Silver 999 price performance
▲ Up ₹15.00 (+5.7%) over 31 days
Nagpur, Maharashtra, 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 8:34 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 | ₹280.00 | 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 | ₹285.00 | Verified |
| May 24, 2026 | ₹285.00 | Verified |
| May 23, 2026 | ₹285.00 | Verified |
In Nagpur, Maharashtra, as of 12 May 2026, silver prices are influenced by recent market fluctuations and global economic factors. Silver remains a popular choice for investors and collectors in India, with prices varying based on purity levels. The current rates for silver are approximately ₹290 per gram for 999 purity, ₹268.25 for 925 purity, and ₹261 for 900 purity. Over the past month, silver prices have experienced some volatility, with a notable increase reaching nearly ₹290 per gram recently. Understanding these trends can help buyers make informed decisions whether they are purchasing silver for investment, jewelry, or collection purposes. Local market conditions, demand, and purity standards all play a role in determining the final price. Staying updated on the latest rates and market movements is essential for making the most of your silver transactions in Nagpur.
Market
Market pulse
Silver prices in Nagpur have shown resilience with a recent peak of ₹290 per gram for 999 purity. The market has experienced fluctuations over the past month, influenced by global economic trends and local demand. As of May 12, 2026, the steady upward movement suggests growing interest among investors and collectors. Price stability for higher purity silver indicates a healthy market, but buyers should remain cautious of short-term volatility. Monitoring daily market updates and historical trends can help in timing purchases effectively, especially in a dynamic market environment like Maharashtra.
Guide
Buyer playbook
When buying silver in Nagpur, start by researching current market rates and understanding the different purity levels available. Always verify the purity markings on silver items or bars to ensure authenticity. Compare prices from multiple local vendors to find the best deal, considering the premium for purity and craftsmanship. Ask for certification or receipts that detail the purity and weight of your silver purchase. Be aware of any additional charges such as making fees or taxes that may apply. Finally, store your silver securely and keep records of your transactions for future reference or resale purposes.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm seller credentials.
- Request certification or receipts.
- Compare prices across vendors.
- Store silver securely and keep transaction records.
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FAQ
Frequently asked questions
What is the current price of silver in Nagpur as of May 12, 2026?
The current price for 999 purity silver is approximately ₹290 per gram, with other purities at ₹268.25 for 925 and ₹261 for 900 purity.
How have silver prices changed recently in Nagpur?
Prices have increased recently, reaching around ₹290 per gram for 999 purity, after fluctuations over the past month.
What should I check before purchasing silver in Nagpur?
Verify current rates, check purity markings, confirm seller credentials, and request certification or receipts.
Are there any additional costs when buying silver?
Additional costs may include making charges, taxes, or premiums depending on the seller and item type.
Is silver a good investment in Nagpur now?
Silver prices have shown upward trends recently, but market volatility means it’s important to stay informed and consider your financial goals.
How should I store my silver after purchase?
Store silver in a secure, dry place, preferably in a safe or secure container, and keep records of your purchase details.