Silver 999 price performance
▲ Up ₹4.32 (+1.8%) over 31 days
Medinīpur, West Bengal, India
Silver Price
999 per gram
₹239.60
925 per gram
₹221.63
900 per gram
₹215.64
Last rate update: Fri, Aug 7, 2026 5:07 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹239.60 |
| Weight in grams | 10.000 |
| Gold value | ₹2,396.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹71.88 |
| Total | ₹2,467.88 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Aug 07, 2026 | ₹239.60 | Verified |
| Aug 06, 2026 | ₹239.60 | Verified |
| Aug 05, 2026 | ₹238.56 | Verified |
| Aug 04, 2026 | ₹234.59 | Verified |
| Aug 03, 2026 | ₹234.59 | Verified |
| Aug 02, 2026 | ₹234.59 | Verified |
| Aug 01, 2026 | ₹234.59 | Verified |
| Jul 31, 2026 | ₹234.59 | Verified |
| Jul 30, 2026 | ₹234.57 | Verified |
| Jul 29, 2026 | ₹234.51 | Verified |
In Medinipur, West Bengal, as of 14 May 2026, silver prices are influenced by various market factors. The current rates for different purities are approximately ₹299.49 per ounce for 999 purity, ₹277.03 for 925 purity, and ₹269.54 for 900 purity. Silver prices have experienced fluctuations over recent weeks, with notable increases observed around mid-May, reaching over ₹315 per ounce. These variations reflect global market trends, demand, and economic conditions specific to India. If you're considering buying or selling silver in Medinipur, staying informed about these price movements can help you make timely decisions. Always verify current rates and purity markings before trading. Whether you're an investor, collector, or jewelry maker, understanding local market dynamics ensures you get fair value. Keep an eye on recent price trends and consult trusted sources to navigate the silver market confidently in Medinipur.
Market
Market pulse
Silver prices in Medinipur have shown significant upward momentum as of mid-May 2026, with recent peaks reaching over ₹315 per ounce. This surge is driven by global economic factors and increased demand within India. The market remains volatile, so staying updated on daily price movements is crucial for buyers and sellers. Local demand for silver jewelry and investment products continues to influence prices, making it a dynamic market environment. Investors should monitor fluctuations closely and consider current trends before making transactions. Overall, the silver market in Medinipur is experiencing a period of growth, but caution is advised due to ongoing volatility.
Guide
Buyer playbook
To navigate silver transactions in Medinipur effectively, start by researching current rates for the desired purity, especially as of 14 May 2026. Always verify the authenticity and purity markings on silver items to ensure you receive genuine products. Compare prices from multiple trusted vendors in Medinipur to find the best deal. Consider the market trend, noting recent price increases, and decide whether to buy now or wait for potential dips. When selling, ensure your silver is accurately weighed and tested for purity. Keep documentation of purchase or sale transactions for future reference. Educate yourself on local market practices and avoid deals that seem too good to be true. A well-informed approach helps you make confident decisions in the silver market of Medinipur.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm seller reputation.
- Weigh the silver accurately.
- Inspect for authenticity marks.
- Keep transaction records.
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FAQ
Frequently asked questions
What are the current silver prices in Medinipur?
As of 14 May 2026, silver prices are approximately ₹299.49 per ounce for 999 purity, ₹277.03 for 925 purity, and ₹269.54 for 900 purity.
How have silver prices changed recently?
Prices have increased notably in early May, reaching over ₹315 per ounce, after fluctuating over the past month.
What should I check before buying silver in Medinipur?
Verify current rates, check purity markings, confirm seller reputation, and ensure accurate weighing and authenticity.
Is it a good time to buy silver now?
Prices are currently high, but market volatility suggests monitoring trends before making a purchase decision.
How can I ensure the authenticity of silver items?
Look for official purity markings, buy from reputable vendors, and consider testing for purity if needed.
Are there any local regulations for silver transactions in Medinipur?
It's advisable to verify local market practices and ensure all transactions comply with regional laws and standards.