Silver Rate Today in Daman
Check the latest live sterling (925) and fine (999) silver rate in Daman, the capital of Dadra Nagar Haveli and Daman Diu. Updated daily by our editorial team with indicative silver reference rates, per-gram and per-kg pricing.
Today's Silver Rate in Daman (7 August 2026): 999 fine silver is ₹250.00/gram, 925 sterling silver is ₹231.25/gram, and 1 kg silver costs ₹2,50,000. 100 grams of silver costs ₹25,000 in Daman.
🪙 Silver Price by Weight in Daman
| Weight | Silver Price |
|---|---|
| 1g | ₹250 |
| 10g | ₹2,500 |
| 50g | ₹12,500 |
| 100g | ₹25,000 |
| 250g | ₹62,500 |
| 500g | ₹1,25,000 |
| 1 KG | ₹2,50,000 |
📈 30-Day Silver Price Trend in Daman
Silver Rate Today in Daman, Dadra Nagar Haveli and Daman Diu — Complete Guide (7 August 2026)
Today's silver rate in Daman is ₹250.00/gram and ₹2,50,000/kg. 100 grams of silver costs ₹25,000 in Daman today.
Silver Purity & Price in Daman
| Purity | Silver % | Price/gram | Best For |
|---|---|---|---|
| 999 | 99.9% | ₹250.00 | Coins, Bars |
| 925 (Sterling) | 92.5% | ₹231.25 | Jewellery |
| 900 | 90.0% | ₹225.00 | Utensils |
| 800 | 80.0% | ₹200.00 | Silverware |
Top Silver Shops in Daman
Buy BIS-hallmarked silver in Daman from trusted national and regional dealers. Always ensure the silver has proper BIS hallmark certification (999/925/900) and verify the HUID at bis.gov.in before purchasing.
Famous Silver Markets near Daman
Popular silver markets:
- Silvassa Market Silver Section
- Nani Daman Market
Silver Tradition & Culture in Dadra Nagar Haveli and Daman Diu
This union territory is served by nearby Gujarat silver hubs like Vapi and Surat. Silvassa and Daman are the main local silver markets. Silver utensils and silver jewellery follow Gujarat traditions.
Best time to buy silver in Dadra Nagar Haveli and Daman Diu: Dhanteras, Diwali, Navratri.
Silver specialty of Dadra Nagar Haveli and Daman Diu: Gujarat-style silver utensils, silver jewellery.
Silver Making Charges in Daman
Making charges for silver in Daman range from 5-20% of silver value depending on the item type. Silver coins and bars: 2-5% making charge. Silver utensils: 8-15%. Silver jewellery: 10-20%. Designer items: 15-25%. Always compare making charges across shops in Daman before buying.
Tax on Silver in Daman
- GST: 3% on silver coins, bars, jewellery, and utensils in Daman
- Making Charges GST: 5% GST on making/labour charges
- Capital Gains: Short-term (<3 years) — income slab rate. Long-term (3+ years) — 20% with indexation
- TDS: 1% TDS on purchases above ₹10 lakh per year
Silver Investment Options in Daman
- Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Daman dealers — Suhagan Jewellers, S.B. Gold, Kanchan Jewellers and more.
- Silver ETFs: Trade on NSE/BSE like shares. Top: ICICI Silver ETF, Nippon Silver ETF, HDFC Silver ETF.
- Digital Silver: Buy from ₹10 via Google Pay, PhonePe. Silver stored in insured vaults. Available in Daman.
- Silver Futures: Trade on MCX. Contract size: 30 KG (big), 5 KG (mini), 1 KG (micro).
- Silver Mutual Funds: Invest via SIP. Use our SIP Calculator.
Silver Industrial Demand — Impact on Daman Prices
Over 50% of global silver demand comes from industrial applications. Solar panels use 10-20 grams of silver each — India's 500 GW solar target will drive silver demand. Each EV uses 25-50 grams of silver. Electronics, 5G infrastructure, and medical devices also use silver. This industrial demand supports long-term price growth in Daman and across India.
❓ Silver Rate FAQs — Daman
▸ What is today's silver rate in Daman?
▸ What is 925 sterling silver rate in Daman?
▸ How much does 1 kg silver cost in Daman?
▸ What is 100 gram silver price in Daman?
▸ Is silver rate same in Daman and other cities?
▸ Is silver rate in Daman same as Dadra Nagar Haveli and Daman Diu?
▸ Where to buy silver in Daman?
▸ What is the making charge on silver in Daman?
▸ What GST on silver in Daman?
▸ Is silver a good investment in Daman?
▸ How to check silver purity in Daman?
▸ What is 999 vs 925 silver in Daman?
▸ Silver vs gold — which to buy in Daman?
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🛡️ Why Trust WealthMinty's SilverResearch & Market Data?
Our analysis shows that retail silver rate volatility in India requires careful, daily monitoring. Our editorial team manually researches and publishes indicative daily silver reference rates based on publicly available bullion market data, including published rates from recognized industry bodies such as the India Bullion and Jewellers Association (IBJA), commodity exchange signals (MCX), and international benchmarks (LBMA). The rates shown are indicative and for informational purposes only — they may differ slightly from your local jeweller's quote. Read our full Editorial Policy & Methodology.
- Zero Merchant Bias: We are a pure financial information and analysis platform. We do not sell silver, jewelry, or run physical retail shops, guaranteeing completely unbiased reporting.
- Standardized Mathematical Modeling: Our city-specific rate calculations use strict pricing premiums and transport offsets aligned with local state jewelry association norms.
- Fact-Checked by Experts: Every pricing trend and forecast published on WealthMinty is verified by our editorial desk with over 10+ years of combined experience in bullion markets.
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Want to compare? See silver rate across all of Dadra Nagar Haveli and Daman Diu, the all-India silver rate, or today's gold rate in Daman. Tracking investments? Use our SIP Calculator.