Bhilai, Chhattisgarh, India

Silver Price

999 per gram ₹289.90
925 per gram ₹268.16
900 per gram ₹260.91

Last rate update: Mon, Jun 1, 2026 2:31 PM

Silver 999 price performance

▲ Up ₹19.97 (+7.4%) over 31 days

Calculation output

Line itemValue
Rate per gram₹289.90
Weight in grams10.000
Gold value₹2,899.00
Chargeable weight10.000
Making charge₹0.00
GST amount₹86.97
Total₹2,985.97

Recent rate history

Date Avg Price Status
Jun 01, 2026 ₹289.90 Verified
May 31, 2026 ₹289.90 Verified
May 30, 2026 ₹289.91 Verified
May 29, 2026 ₹288.02 Verified
May 28, 2026 ₹286.71 Verified
May 27, 2026 ₹291.77 Verified
May 26, 2026 ₹294.89 Verified
May 25, 2026 ₹294.89 Verified
May 24, 2026 ₹294.89 Verified
May 23, 2026 ₹294.89 Verified

In Bhilai, Chhattisgarh, as of 14 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 purity levels such as 999, 925, and 900 offering different value propositions. The current rates reflect a steady trend, with the 999 purity silver priced at approximately 314.9 INR per ounce. Over the past month, silver prices have experienced some volatility, reaching a high of around 317.48 INR on 14 May 2026, after a gradual upward trend. Understanding local market conditions and keeping an eye on recent price movements can help buyers make informed decisions. Whether you're purchasing silver for investment, collection, or gifting, knowing the current rates and market trends in Bhilai can assist you in making prudent choices. Always verify purity and current rates before completing a transaction to ensure transparency and value for your money.

Market

Market pulse

Silver prices in Bhilai have shown a positive upward momentum as of mid-May 2026, with recent increases driven by global market trends and local demand. The price for 999 purity silver has risen to around 314.9 INR, reflecting a steady climb from earlier weeks. Market sentiment remains cautiously optimistic, with prices reaching a high of 317.48 INR on 14 May. Investors and buyers should monitor ongoing fluctuations, as silver continues to be influenced by broader economic factors. Staying informed about local and international developments can help in timing purchases effectively. Overall, the market appears favorable for those looking to buy silver in Bhilai, but it's advisable to stay updated on daily rates and market news.

Guide

Buyer playbook

When purchasing silver in Bhilai, start by researching current market rates and understanding the purity levels available, such as 999, 925, and 900. Always verify the authenticity and purity markings on silver items or bullion to avoid counterfeit products. Consider the purpose of your purchase—investment, collection, or gifting—and choose the appropriate form, whether bars, coins, or jewelry. Compare prices from reputable local dealers and inquire about any additional costs like taxes or handling fees. Keep records of your transactions and receipts for future reference or resale. If buying in bulk, negotiate for better rates, and always assess the seller's credibility. Staying informed about recent market trends and price movements can help you make timely and confident decisions, ensuring you get the best value for your money in Bhilai.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Inspect the silver for authenticity.
  4. Compare prices from multiple dealers.
  5. Review transaction receipts and certificates.
  6. Confirm the seller's credibility and reputation.

Coverage

Rate coverage

517 Active cities
32 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current price of 999 purity silver in Bhilai?

As of 14 May 2026, the price of 999 purity silver in Bhilai is approximately 314.9 INR per ounce.

How has silver price changed recently in Bhilai?

Silver prices have shown an upward trend recently, reaching a high of around 317.48 INR on 14 May 2026, after some fluctuations over the past month.

What should I check before buying silver in Bhilai?

Verify current rates, check purity markings, inspect for authenticity, compare prices from multiple dealers, review receipts, and confirm seller credibility.

Are there different purity levels available in Bhilai?

Yes, common purity levels include 999, 925, and 900, each with different pricing and applications.

Is it better to buy silver coins or bars in Bhilai?

The choice depends on your purpose; coins are often preferred for gifting and collection, while bars may be more suitable for investment due to lower premiums.

Can I sell silver easily in Bhilai?

Yes, silver is widely accepted in local markets, but ensure you have proper documentation and verify current market rates for a fair resale value.