Silver 999 price performance
▲ Up ₹4.28 (+1.8%) over 31 days
Morvi, Gujarat, India
Silver Price
999 per gram
₹240.58
925 per gram
₹222.54
900 per gram
₹216.52
Last rate update: Fri, Aug 7, 2026 4:34 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹240.58 |
| Weight in grams | 10.000 |
| Gold value | ₹2,405.80 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹72.17 |
| Total | ₹2,477.97 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Aug 07, 2026 | ₹240.58 | Verified |
| Aug 06, 2026 | ₹240.58 | Verified |
| Aug 05, 2026 | ₹239.53 | Verified |
| Aug 04, 2026 | ₹235.55 | Verified |
| Aug 03, 2026 | ₹235.55 | Verified |
| Aug 02, 2026 | ₹235.55 | Verified |
| Aug 01, 2026 | ₹235.55 | Verified |
| Jul 31, 2026 | ₹235.55 | Verified |
| Jul 30, 2026 | ₹235.55 | Verified |
| Jul 29, 2026 | ₹235.55 | Verified |
In Morvi, Gujarat, the silver market as of 14 May 2026 reflects steady pricing with current rates for 999 purity silver at approximately 300.70 INR per gram. Silver prices have experienced fluctuations over the past month, influenced by market demand and global economic factors. Investors and buyers in Morvi should stay informed about daily price movements, especially considering recent upward trends that have seen silver prices rise from around 267 INR in mid-April to over 306 INR in mid-May. Understanding these fluctuations can help buyers make timely decisions when purchasing or selling silver. Local buyers should also verify the purity and authenticity of silver items to ensure they receive fair value. Whether for investment, jewelry, or industrial use, keeping track of current rates and market trends in Morvi can assist in making informed choices in this dynamic market environment.
Market
Market pulse
Silver prices in Morvi, Gujarat, have shown notable upward movement as of mid-May 2026, reaching over 306 INR per gram. This increase follows a period of relative stability, with recent days reflecting strong buyer interest and market demand. The global economic landscape and local industrial activity continue to influence silver's value, making it essential for buyers and investors to monitor daily price changes. The recent trend suggests a bullish market sentiment, but prices can remain volatile. Staying updated on local market conditions and historical price patterns can help optimize buying or selling strategies in Morvi’s silver market.
Guide
Buyer playbook
To navigate the silver market in Morvi, Gujarat, effectively, start by monitoring daily price updates and historical trends. Always verify the purity of silver items, ensuring markings such as 999, 925, or 900 are clear and authentic. When purchasing, compare rates from multiple local vendors to secure the best deal, and consider the current market trend—since prices have been rising recently, timing your purchase could be advantageous. For sellers, timing sales during peak prices can maximize returns. Keep documentation of purchase or sale transactions for future reference. Additionally, stay informed about any local regulations or certifications required for silver transactions in Morvi to ensure compliance and secure your investment.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect the silver item for authenticity.
- Compare prices from multiple vendors.
- Confirm transaction receipts and documentation.
- Stay updated on local market trends and regulations.
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FAQ
Frequently asked questions
What is the current silver rate in Morvi, Gujarat?
As of 14 May 2026, the rate for 999 purity silver in Morvi is approximately 300.70 INR per gram.
How have silver prices changed recently?
Silver prices have increased from around 267 INR in mid-April to over 306 INR in mid-May, reflecting recent upward market trends.
What should I check before buying silver in Morvi?
Verify current rates, check purity markings, inspect for authenticity, and compare prices from multiple vendors.
Are there different purity levels available?
Yes, common purities include 999, 925, and 900, with current prices varying accordingly.
Is it better to buy silver now or wait?
Market trends suggest prices are rising, so timing your purchase during a dip could be beneficial, but always consider your personal investment goals.
What documents should I keep when buying or selling silver?
Maintain receipts, certificates of purity, and transaction records for future reference and verification.