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Silver per Gram
₹250.00
₹0.00
Silver per KG
₹2,50,000
Bullion Rate
Silver 100 Grams
₹25,000
Investment Unit
Silver 10 Grams
₹2,500
Jewellery Standard

🪙 Silver Price by Weight in Dumka

WeightSilver 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 Dumka

₹244.92₹246.32₹247.71₹249.11₹250.51

Silver Rate Today in Dumka, Jharkhand — Complete Guide (7 August 2026)

Today's silver rate in Dumka is ₹250.00/gram and ₹2,50,000/kg. 100 grams of silver costs ₹25,000 in Dumka today.

Silver Purity & Price in Dumka

PuritySilver %Price/gramBest For
99999.9%₹250.00Coins, Bars
925 (Sterling)92.5%₹231.25Jewellery
90090.0%₹225.00Utensils
80080.0%₹200.00Silverware

Top Silver Shops in Dumka

Buy BIS-hallmarked silver in Dumka 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.

🏬 Madanlal Jewellers
🏬 Alankar Jewellers
🏬 TBZ - Tribhovandas Bhimji Zaveri
🏬 Tanishq
🏬 Kalyan Jewellers
🏬 Senco Gold and Diamonds

Famous Silver Markets near Dumka

Popular silver markets:

  • Main Road Ranchi Silver Section
  • Bistupur Jamshedpur
  • Dhanbad Silver Market

Silver Tradition & Culture in Jharkhand

Jharkhand has rich tribal silver jewellery traditions — Santhali, Ho, Munda, and Oraon tribes wear distinctive silver ornaments. Tribal silver necklaces, bangles, and nose rings are culturally significant. Jamshedpur and Ranchi are the main silver retail hubs.

Best time to buy silver in Jharkhand: Dhanteras, Diwali, Chhath Puja, Sarhul Festival, Akshaya Tritiya.

Silver specialty of Jharkhand: Tribal silver jewellery (Santhali, Munda, Oraon designs), silver Payal, silver coins.

Silver Making Charges in Dumka

Making charges for silver in Dumka 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 Dumka before buying.

Tax on Silver in Dumka

  • GST: 3% on silver coins, bars, jewellery, and utensils in Dumka
  • 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 Dumka

  1. Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Dumka dealers — Madanlal Jewellers, Alankar Jewellers, TBZ - Tribhovandas Bhimji Zaveri and more.
  2. Silver ETFs: Trade on NSE/BSE like shares. Top: ICICI Silver ETF, Nippon Silver ETF, HDFC Silver ETF.
  3. Digital Silver: Buy from ₹10 via Google Pay, PhonePe. Silver stored in insured vaults. Available in Dumka.
  4. Silver Futures: Trade on MCX. Contract size: 30 KG (big), 5 KG (mini), 1 KG (micro).
  5. Silver Mutual Funds: Invest via SIP. Use our SIP Calculator.

Silver Industrial Demand — Impact on Dumka 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 Dumka and across India.

❓ Silver Rate FAQs — Dumka

What is today's silver rate in Dumka?
Today's silver rate in Dumka: ₹250.00/gram, ₹2,50,000/kg. 100g = ₹25,000. 10g = ₹2,500.
What is 925 sterling silver rate in Dumka?
925 Sterling Silver rate in Dumka: approximately ₹231.25/gram. Sterling silver is 92.5% pure, used for jewellery.
How much does 1 kg silver cost in Dumka?
1 kg of silver costs ₹2,50,000 in Dumka today. 5 kg costs ₹12,50,000.
What is 100 gram silver price in Dumka?
100 grams of silver costs ₹25,000 in Dumka. 10 grams costs ₹2,500.
Is silver rate same in Dumka and other cities?
Largely yes. Silver prices are based on national MCX/IBJA rates. Dumka may have ₹0-20/kg variation due to transport and dealer margins.
Is silver rate in Dumka same as Jharkhand?
Silver rates in Dumka follow the same MCX benchmark as the rest of Jharkhand, so the per-gram and per-kg prices are largely identical. Minor variations of ₹0–₹20 per kg may occur due to local transport costs and dealer margins, but the difference is usually negligible.
Where to buy silver in Dumka?
Top silver shops in Dumka: Madanlal Jewellers, Alankar Jewellers, TBZ - Tribhovandas Bhimji Zaveri, Tanishq, Kalyan Jewellers. Also available via Google Pay/PhonePe digital silver from ₹10.
What is the making charge on silver in Dumka?
Making charges in Dumka: Silver coins/bars 2-5%, utensils 8-15%, jewellery 10-20%, designer items 15-25%.
What GST on silver in Dumka?
3% GST on silver metal (coins, bars, jewellery, utensils) + 5% GST on making charges. TDS 1% above ₹10 lakh.
Is silver a good investment in Dumka?
Yes. Silver offers diversification, has growing industrial demand (solar, EVs, electronics), and has gained 80%+ in 5 years. Options: ETFs, Digital Silver, Physical.
How to check silver purity in Dumka?
Look for BIS hallmark (999/925/900) on the item. Verify HUID at bis.gov.in. Most reputed Dumka jewellers offer XRF purity testing.
What is 999 vs 925 silver in Dumka?
999 silver = 99.9% pure (fine silver) at ₹250.00/gram. 925 silver = 92.5% pure (sterling) at ~₹231.25/gram. Both available in Dumka.
Silver vs gold — which to buy in Dumka?
Silver: more affordable, 80%+ 5Y returns, industrial demand. Gold: more stable, SGBs available, compact. Ideal: 70-80% gold, 20-30% silver.

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✍️
Financial Analysis & Silver Market Research Team
ℹ️ Indicative rates updated daily by our editorial team | Data methodology

🛡️ 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.

Want to compare? See silver rate across all of Jharkhand, the all-India silver rate, or today's gold rate in Dumka. Tracking investments? Use our SIP Calculator.