Silver 999 price performance
▲ Up ₹15.02 (+5.7%) over 31 days
Varanasi, Uttar Pradesh, 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 2:36 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 | ₹280.02 | Verified |
| May 31, 2026 | ₹280.01 | Verified |
| May 30, 2026 | ₹280.00 | Verified |
| May 29, 2026 | ₹278.23 | Verified |
| May 28, 2026 | ₹278.40 | Verified |
| May 27, 2026 | ₹285.00 | Verified |
| May 26, 2026 | ₹285.00 | Verified |
| May 25, 2026 | ₹285.00 | Verified |
| May 24, 2026 | ₹285.00 | Verified |
| May 23, 2026 | ₹285.00 | Verified |
In Varanasi, Uttar Pradesh, as of 12 May 2026, silver prices remain stable with the 999 purity silver valued at ₹290 per gram. Silver trading in India continues to attract investors and collectors alike, driven by market demand and economic factors. The recent trend shows a steady increase from earlier lows in April, with prices reaching ₹284.88 on 12 May. Whether you're buying silver for investment, jewelry, or industrial purposes, understanding current rates and market movements is essential. Local buyers should stay informed about daily fluctuations, which can be influenced by global silver prices and local economic conditions. Varanasi's vibrant market scene offers numerous options for purchasing silver, but it's crucial to verify purity and current rates before making a transaction. This guide provides insights into the latest market pulse, buying strategies, and essential steps to ensure a smooth purchase experience in Varanasi.
Market
Market pulse
Silver prices in Varanasi have shown resilience, with the 999 purity silver holding steady at ₹290 as of 12 May 2026. Over the past month, prices have experienced gradual increases, reflecting a positive market trend. The recent steady rise indicates growing demand, possibly influenced by global economic factors and local market conditions. Investors and buyers should monitor daily price movements and stay updated with local rates, which can fluctuate based on supply and demand dynamics. While silver remains a popular choice for investment and jewelry in Varanasi, market participants should remain cautious and informed, especially given the subtle price shifts observed in recent weeks.
Guide
Buyer playbook
To ensure a successful silver purchase in Varanasi, start by researching current market rates and understanding the purity levels available. Always verify the purity markings on silver items, especially if buying jewelry or bars, to confirm they meet the desired standards. Compare prices across multiple local vendors to find the best deal, and consider the reputation of the seller for authenticity and quality. When negotiating, be aware of the prevailing rates for different purities—₹290 for 999 purity, for example—and ask for certificates of purity when purchasing larger quantities. Keep an eye on market trends and recent price movements to time your purchase effectively. Lastly, ensure that all transactions are documented clearly, including receipts and purity certificates, to avoid future disputes or misunderstandings.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Compare prices from multiple vendors.
- Request authenticity certificates.
- Inspect the physical condition of silver items.
- Keep receipts and documentation of your purchase.
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FAQ
Frequently asked questions
What is the current price of 999 purity silver in Varanasi?
As of 12 May 2026, 999 purity silver is priced at ₹290 per gram in Varanasi.
How has the silver price changed recently?
Recent data shows a steady increase, with prices rising from around ₹260 in April to ₹284.88 on 12 May 2026.
Are the silver rates in Varanasi stable?
Silver rates have been relatively stable with gradual upward movement, reflecting steady market demand.
What should I check before buying silver in Varanasi?
Verify current rates, check purity markings, compare prices, and request authenticity certificates.
Can I buy silver jewelry in Varanasi?
Yes, Varanasi offers a variety of silver jewelry options; ensure purity and ask for certification if possible.
Is it better to buy silver now or wait?
Market trends suggest prices are gradually rising, but timing depends on your personal needs and market conditions.