Silver Rate Today in Koraput
Check the latest live 925 sterling and 999 fine silver rate in Koraput in Odisha. Updated daily by our editorial team with indicative silver reference rates, per-gram and per-kg pricing. Prices closely track the Bhubaneswar silver rate with minor local variation.
Today's Silver Rate in Koraput (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 Koraput.
🪙 Silver Price by Weight in Koraput
| 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 Koraput
Silver Rate Today in Koraput, Odisha — Complete Guide (7 August 2026)
Today's silver rate in Koraput is ₹250.00/gram and ₹2,50,000/kg. 100 grams of silver costs ₹25,000 in Koraput today.
Silver Purity & Price in Koraput
| 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 Koraput
Buy BIS-hallmarked silver in Koraput 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 Koraput
Popular silver markets:
- Cuttack Silver Filigree Market (Naya Bazaar)
- Unit 2 Market Bhubaneswar
- Buxi Bazaar Cuttack
- Rourkela Silver Market
Silver Tradition & Culture in Odisha
Odisha is world-famous for Cuttack Silver Filigree (Tarakasi) — GI-tagged intricate silver wire work. Cuttack is called the 'Silver City of India'. Silver filigree items include miniature temples, animals, decorative items, and jewellery. Puri Jagannath Temple has significant silver decorations. Silver Ratha (chariot) miniatures are famous souvenirs.
Best time to buy silver in Odisha: Akshaya Tritiya (biggest silver buying day in Odisha), Raja Festival, Durga Puja.
Silver specialty of Odisha: Cuttack Silver Filigree (Tarakasi) — GI-tagged, silver temple miniatures, silver Ratha, filigree jewellery.
Silver Making Charges in Koraput
Making charges for silver in Koraput 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 Koraput before buying.
Tax on Silver in Koraput
- GST: 3% on silver coins, bars, jewellery, and utensils in Koraput
- 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 Koraput
- Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Koraput dealers — Lalchand Jewellers, Khimji Jewellers, Epari Govindam 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 Koraput.
- 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 Koraput 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 Koraput and across India.
❓ Silver Rate FAQs — Koraput
▸ What is today's silver rate in Koraput?
▸ What is 925 sterling silver rate in Koraput?
▸ How much does 1 kg silver cost in Koraput?
▸ What is 100 gram silver price in Koraput?
▸ Is silver rate same in Koraput and other cities?
▸ Is silver rate in Koraput same as Odisha?
▸ Where to buy silver in Koraput?
▸ What is the making charge on silver in Koraput?
▸ What GST on silver in Koraput?
▸ Is silver a good investment in Koraput?
▸ How to check silver purity in Koraput?
▸ What is 999 vs 925 silver in Koraput?
▸ Silver vs gold — which to buy in Koraput?
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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 Odisha, the all-India silver rate, or today's gold rate in Koraput. Tracking investments? Use our SIP Calculator.