Phagwāra, Punjab, India

Silver Price

999 per gram ₹240.49
925 per gram ₹222.45
900 per gram ₹216.44

Last rate update: Fri, Aug 7, 2026 4:05 AM

Silver 999 price performance

▲ Up ₹4.02 (+1.7%) over 31 days

Calculation output

Line itemValue
Rate per gram₹240.49
Weight in grams10.000
Gold value₹2,404.90
Chargeable weight10.000
Making charge₹0.00
GST amount₹72.15
Total₹2,477.05

Recent rate history

Date Avg Price Status
Aug 07, 2026 ₹240.49 Verified
Aug 06, 2026 ₹240.49 Verified
Aug 05, 2026 ₹239.34 Verified
Aug 04, 2026 ₹235.48 Verified
Aug 03, 2026 ₹235.48 Verified
Aug 02, 2026 ₹235.48 Verified
Aug 01, 2026 ₹235.48 Verified
Jul 31, 2026 ₹235.48 Verified
Jul 30, 2026 ₹235.49 Verified
Jul 29, 2026 ₹235.48 Verified

In Phagwara, Punjab, as of 12 May 2026, silver prices are influenced by various factors including market demand and global economic conditions. Silver's current rates vary depending on purity, with 999 purity silver priced at approximately ₹290.58 per gram, 925 purity at around ₹268.79, and 900 purity at about ₹261.52. Over recent weeks, silver prices have experienced fluctuations, with notable increases observed in early May, reaching a high of ₹275.56 on 10 May. This trend indicates a dynamic market where prices can change rapidly. Whether you're a collector, investor, or someone looking to buy silver for personal use, understanding the current market conditions is essential. Local demand, international silver prices, and purity levels all play a role in determining the value of silver in Phagwara. Staying informed about recent price movements and market trends can help you make better purchasing or selling decisions in this vibrant Indian city.

Market

Market pulse

Silver prices in Phagwara, Punjab, have shown a rising trend as of May 2026, with recent prices reaching ₹285.47 per gram for 999 purity silver. The market has experienced fluctuations, but the overall trajectory indicates increased demand and positive momentum. Factors such as global economic stability and local market activity influence these prices. Investors and buyers should monitor daily updates to stay aligned with current values. As of mid-May, silver remains a popular choice for diversification and investment, especially given its historical role as a safe-haven asset. Keep an eye on international trends and local demand to gauge future movements in silver prices in Phagwara.

Guide

Buyer playbook

When purchasing silver in Phagwara, start by researching current rates for different purities, noting that 999 purity is priced at around ₹290.58 per gram as of 12 May 2026. Always verify the purity markings on silver items to ensure authenticity, especially if buying jewelry or bullion. Compare prices from reputable local dealers and check for any additional costs such as making charges or taxes. Consider the form of silver—bars, coins, or jewelry—based on your investment goals or personal preferences. Keep records of your transactions and receipts for future reference. If selling, assess the current market rates and ensure your silver is properly appraised. Staying informed and cautious helps you make confident decisions in the Phagwara silver market.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Inspect for hallmarks or certifications.
  4. Compare prices from multiple sources.
  5. Confirm the reputation of the seller.
  6. Keep documentation of your purchase.

Coverage

Rate coverage

517 Active cities
32 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current price of silver in Phagwara?

As of 12 May 2026, silver with 999 purity is approximately ₹290.58 per gram, with other purities slightly lower.

How do I verify silver purity?

Check for official hallmarks, certifications, or markings indicating purity levels, especially when buying jewelry or bullion.

Are there any additional costs when buying silver?

Yes, additional charges such as making charges, taxes, or dealer fees may apply. Always inquire beforehand.

Is silver a good investment in Phagwara?

Silver can diversify your portfolio, but market fluctuations mean it’s important to stay informed about current prices and trends.

Where can I buy silver in Phagwara?

Reputable local jewelry shops, bullion dealers, and certified sellers are recommended sources for purchasing silver.

How often do silver prices change?

Silver prices can fluctuate daily based on global markets, demand, and economic factors. Regular monitoring is advised.