Silver 999 price performance
▲ Up ₹15.00 (+5.7%) over 31 days
Amritsar, Punjab, 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 2:30 PM
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 | ₹278.13 | Verified |
| May 28, 2026 | ₹278.62 | Verified |
| May 27, 2026 | ₹285.00 | Verified |
| May 26, 2026 | ₹285.00 | Verified |
| May 25, 2026 | ₹284.96 | Verified |
| May 24, 2026 | ₹284.90 | Verified |
| May 23, 2026 | ₹284.93 | Verified |
In Amritsar, Punjab, as of 12 May 2026, silver prices are influenced by various factors including market demand and purity levels. Silver's value fluctuates daily, with recent trends showing a steady increase culminating in a price of approximately ₹284.75 per ounce for 999 purity silver. This reflects a stable market environment with minor variations over the past month. Buyers interested in silver should consider purity levels, current rates, and market trends to make informed decisions. Whether purchasing for investment, jewelry, or industrial use, understanding local pricing and market dynamics in Amritsar can help optimize your transactions. Keep an eye on daily fluctuations and historical data to gauge the best time to buy or sell silver in Punjab's vibrant market.
Market
Market pulse
Silver prices in Amritsar have shown a gradual upward trend over the past month, reaching ₹284.75 per ounce for 999 purity as of 12 May 2026. The market remains relatively stable, with minor daily fluctuations reflecting steady demand. Recent history indicates prices have risen from around ₹260 in April to current levels, signaling positive momentum. Investors and buyers should monitor these trends closely, as market conditions can shift based on global economic factors and local demand. Staying informed about daily price movements can help in timing purchases or sales effectively in Punjab's dynamic silver market.
Guide
Buyer playbook
To navigate the silver market in Amritsar effectively, start by researching current rates and understanding purity options—999, 925, and 900. Always verify the authenticity and purity markings on silver items before purchasing. Compare prices across multiple vendors to ensure competitive rates. Consider the market trend; recent data shows a steady increase, so timing your purchase during dips might be advantageous. When selling, ensure your silver is properly appraised and documented. Keep records of purchase receipts and purity certificates. Be aware of local regulations and taxes that may affect your transaction. Educating yourself about market fluctuations and maintaining a cautious approach can help you make prudent decisions in Punjab's silver market.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm seller credentials.
- Inspect silver for authenticity.
- Compare prices from multiple vendors.
- Keep documentation of your purchase or sale.
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FAQ
Frequently asked questions
What is the current price of silver in Amritsar?
As of 12 May 2026, silver with 999 purity is priced at approximately ₹290 per ounce, with other purities like 925 and 900 priced at ₹268.25 and ₹261 respectively.
How have silver prices changed recently?
Recent data shows a gradual increase from around ₹260 in April to about ₹284.75 in May, indicating a steady upward trend in Amritsar.
Which purity of silver is most common for investment?
Silver with 999 purity is often preferred for investment due to its high purity level, though 925 is also popular for jewelry and other uses.
Where can I buy silver in Amritsar?
Silver can be purchased from authorized jewelry stores, bullion dealers, or reputable vendors in Amritsar. Always verify seller credentials and authenticity.
What should I check before buying silver?
Verify current rates, check purity markings, confirm seller credentials, inspect silver for authenticity, compare prices, and keep purchase documentation.
Are there any taxes or regulations I should be aware of?
Local regulations and taxes may apply; it's advisable to confirm with local authorities or vendors to ensure compliance during your transactions in Amritsar.