Silver 999 price performance
▼ Down ₹34.94 (-12.1%) over 31 days
Balasore, Odisha, India
Silver Price
999 per gram
₹254.66
925 per gram
₹235.56
900 per gram
₹229.19
Last rate update: Sat, Jun 20, 2026 12:30 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹254.66 |
| Weight in grams | 10.000 |
| Gold value | ₹2,546.60 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹76.40 |
| Total | ₹2,623.00 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 20, 2026 | ₹254.66 | Verified |
| Jun 19, 2026 | ₹257.85 | Verified |
| Jun 18, 2026 | ₹270.67 | Verified |
| Jun 17, 2026 | ₹274.63 | Verified |
| Jun 16, 2026 | ₹275.80 | Verified |
| Jun 15, 2026 | ₹277.49 | Verified |
| Jun 14, 2026 | ₹269.63 | Verified |
| Jun 13, 2026 | ₹268.59 | Verified |
| Jun 12, 2026 | ₹263.59 | Verified |
| Jun 11, 2026 | ₹259.65 | Verified |
In Balasore, Odisha, as of 12 May 2026, silver prices are influenced by global and local market dynamics. Silver remains a popular choice for investors and collectors in India, offering a tangible asset amidst fluctuating financial markets. The current rates for silver vary based on purity levels, with 999 purity priced at approximately ₹299.60 per gram, 925 purity at around ₹277.13, and 900 purity at about ₹269.64. Recent market trends show a steady increase in silver prices, reflecting growing demand and economic factors. When considering purchasing silver in Balasore, it’s essential to stay updated on current rates, verify the purity of the silver, and understand the local market conditions. Whether you’re buying for investment, gifting, or collection, being informed helps ensure a satisfactory transaction. Keep an eye on the latest price movements and market trends to make prudent decisions in the evolving precious metals landscape of Odisha.
Market
Market pulse
Silver prices in Balasore have shown a notable upward trend as of mid-May 2026, with the rate reaching nearly ₹294 per gram for 999 purity. This increase is driven by global demand and economic factors influencing precious metals. The recent steady rise indicates a favorable environment for buyers and investors looking to capitalize on current market conditions. It’s important to monitor local and international trends, as silver remains a popular asset for diversification and wealth preservation in Odisha. Staying informed about price fluctuations can help you time your purchases effectively and maximize value.
Guide
Buyer playbook
When buying silver in Balasore, start by researching current market rates for different purities, especially as of 12 May 2026. Always verify the purity markings on silver items to ensure you’re paying the correct price for the quality. Consider purchasing from reputable dealers who provide transparent pricing and certification. Compare rates across multiple vendors to find the best deal, and inquire about any additional costs such as taxes or handling fees. For investment purposes, keep records of your transactions and receipts. Educate yourself on the different forms of silver available, including bars, coins, and jewelry, to choose what best suits your needs. Lastly, stay updated on market trends to make informed buying decisions in Odisha’s dynamic silver market.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm dealer reputation.
- Request certification for purity.
- Compare prices from multiple vendors.
- Keep transaction records.
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FAQ
Frequently asked questions
What is the current price of silver in Balasore as of 12 May 2026?
The current price for 999 purity silver is approximately ₹299.60 per gram, with other purities priced at ₹277.13 for 925 and ₹269.64 for 900 purity.
How can I verify the purity of silver I want to buy?
Check for official purity markings and request certification from reputable dealers to ensure the silver's authenticity.
Are there any additional costs when purchasing silver in Balasore?
Additional costs such as taxes or handling fees may apply; always inquire with your dealer beforehand.
Is it better to buy silver in coin or bar form?
Both forms are popular; coins are often easier for small transactions, while bars may offer better value for larger investments.
What factors influence silver prices in Odisha?
Global demand, economic conditions, currency fluctuations, and market sentiment all impact silver prices locally and internationally.
How should I store my silver purchased in Balasore?
Store silver in a dry, secure place, preferably in protective cases or safes to prevent tarnishing and theft.