Mandsaur, Madhya Pradesh, India

Silver Price

999 per gram ₹249.20
925 per gram ₹230.51
900 per gram ₹224.28

Last rate update: Sat, Jun 20, 2026 12:33 PM

Silver 999 price performance

▼ Down ₹34.88 (-12.3%) over 31 days

Calculation output

Line itemValue
Rate per gram₹249.20
Weight in grams10.000
Gold value₹2,492.00
Chargeable weight10.000
Making charge₹0.00
GST amount₹74.76
Total₹2,566.76

Recent rate history

Date Avg Price Status
Jun 20, 2026 ₹249.20 Verified
Jun 19, 2026 ₹251.53 Verified
Jun 18, 2026 ₹260.21 Verified
Jun 17, 2026 ₹264.16 Verified
Jun 16, 2026 ₹264.16 Verified
Jun 15, 2026 ₹263.07 Verified
Jun 14, 2026 ₹259.17 Verified
Jun 13, 2026 ₹259.17 Verified
Jun 12, 2026 ₹257.05 Verified
Jun 11, 2026 ₹249.20 Verified

In Mandsaur, Madhya Pradesh, as of 14 May 2026, silver prices are influenced by global market trends and local demand. Silver remains a popular investment and jewelry material in India, with purity levels such as 999, 925, and 900 offering options for different uses. Recent market fluctuations reflect a steady increase in silver prices, with the current rate for 999 purity silver at approximately ₹299.04 per gram. Understanding the current market conditions and historical price movements can help buyers make informed decisions. Whether you're purchasing silver for investment, jewelry, or industrial purposes, knowing the latest rates and market trends in Mandsaur is essential for maximizing value and ensuring transparency in transactions.

Market

Market pulse

Silver prices in Mandsaur have shown a gradual upward trend, reaching around ₹299.04 for 999 purity as of mid-May 2026. The market has experienced fluctuations, with notable increases in early May, driven by global economic factors and local demand. The recent steady rise indicates growing interest among investors and consumers in Madhya Pradesh. Staying updated on daily price movements can help buyers and sellers optimize their transactions and avoid unfavorable rates. As the market continues to evolve, monitoring local and international influences remains key for making timely and informed decisions in the silver market.

Guide

Buyer playbook

When purchasing silver in Mandsaur, start by researching current rates for different purities—999, 925, and 900—available locally. Always verify the purity markings on silver items to ensure authenticity. Compare prices from multiple vendors to find the best deal, and consider the current market trend, which has been rising recently. Ask vendors for detailed receipts showing purity and weight, and inquire about any additional charges or taxes. For investments, consider the purity level that best suits your needs, and keep records of your purchases for future reference. Educate yourself on the typical price ranges and market fluctuations to avoid overpaying. Lastly, ensure your transactions are transparent and documented to safeguard your interests.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Compare prices from multiple vendors.
  4. Confirm the authenticity of silver items.
  5. Request detailed receipts with purity and weight.
  6. Keep records of your purchase for future reference.

Coverage

Rate coverage

517 Active cities
32 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current silver rate in Mandsaur?

As of 14 May 2026, the silver price for 999 purity in Mandsaur is approximately ₹299.04 per gram.

How can I verify the purity of silver in Mandsaur?

Check for official purity markings on the silver item and purchase from reputable vendors who provide certification or detailed receipts.

Are there any recent trends in silver prices in Mandsaur?

Yes, recent data shows a gradual increase, with prices rising from around ₹263 in April to over ₹305 in mid-May 2026.

What should I consider when buying silver in Mandsaur?

Compare prices, verify purity, check vendor reputation, and ensure transparency in the transaction.

Is it better to buy silver in jewelry form or bars in Mandsaur?

It depends on your purpose; bars are typically more suitable for investment, while jewelry offers aesthetic value. Always verify purity regardless of form.

How do market fluctuations affect silver prices in Mandsaur?

Global economic factors and local demand influence prices, causing fluctuations that can be monitored through daily market updates.