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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 Lucknow

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 Lucknow

₹245.28₹246.58₹247.89₹249.19₹250.50

Silver Rate Today in Lucknow, Uttar Pradesh — Complete Guide (7 August 2026)

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

Silver Purity & Price in Lucknow

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 Lucknow

Buy BIS-hallmarked silver in Lucknow 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.

🏬 Aisshpra Jewel World
🏬 Lala Jugal Kishore Jewellers
🏬 Ratan Jewellers
🏬 Chappan Bhog Jewellers
🏬 Tanishq
🏬 Kalyan Jewellers

Famous Silver Markets near Lucknow

Popular silver markets:

  • Aminabad Lucknow Silver Market
  • Thatteri Bazaar Varanasi
  • Sadar Bazaar Agra
  • Johri Bazar Kanpur
  • Nakhas Market Lucknow

Silver Tradition & Culture in Uttar Pradesh

Uttar Pradesh has a rich silver tradition — Varanasi is famous for silver zari work on Banarasi sarees. Lucknow has Nawabi-style silver chikan embroidery frames. Moradabad (Brass City) also has significant silver utensil manufacturing. Silver coins and paisa are traditional gifts in UP weddings.

Best time to buy silver in Uttar Pradesh: Karva Chauth (Oct-Nov), Dhanteras, Diwali, Akshaya Tritiya.

Silver specialty of Uttar Pradesh: Varanasi silver zari, silver coins, silver utensils, Lucknow silver chikan frames.

Silver Making Charges in Lucknow

Making charges for silver in Lucknow 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 Lucknow before buying.

Tax on Silver in Lucknow

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

  1. Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Lucknow dealers — Aisshpra Jewel World, Lala Jugal Kishore Jewellers, Ratan Jewellers 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 Lucknow.
  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 Lucknow 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 Lucknow and across India.

❓ Silver Rate FAQs — Lucknow

What is today's silver rate in Lucknow?
Today's silver rate in Lucknow: ₹250.00/gram, ₹2,50,000/kg. 100g = ₹25,000. 10g = ₹2,500.
What is 925 sterling silver rate in Lucknow?
925 Sterling Silver rate in Lucknow: approximately ₹231.25/gram. Sterling silver is 92.5% pure, used for jewellery.
How much does 1 kg silver cost in Lucknow?
1 kg of silver costs ₹2,50,000 in Lucknow today. 5 kg costs ₹12,50,000.
What is 100 gram silver price in Lucknow?
100 grams of silver costs ₹25,000 in Lucknow. 10 grams costs ₹2,500.
Is silver rate same in Lucknow and other cities?
Largely yes. Silver prices are based on national MCX/IBJA rates. Lucknow may have ₹0-20/kg variation due to transport and dealer margins.
Is silver rate in Lucknow same as Uttar Pradesh?
Silver rates in Lucknow follow the same MCX benchmark as the rest of Uttar Pradesh, 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 Lucknow?
Top silver shops in Lucknow: Aisshpra Jewel World, Lala Jugal Kishore Jewellers, Ratan Jewellers, Chappan Bhog Jewellers, Tanishq. Also available via Google Pay/PhonePe digital silver from ₹10.
What is the making charge on silver in Lucknow?
Making charges in Lucknow: Silver coins/bars 2-5%, utensils 8-15%, jewellery 10-20%, designer items 15-25%.
What GST on silver in Lucknow?
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 Lucknow?
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 Lucknow?
Look for BIS hallmark (999/925/900) on the item. Verify HUID at bis.gov.in. Most reputed Lucknow jewellers offer XRF purity testing.
What is 999 vs 925 silver in Lucknow?
999 silver = 99.9% pure (fine silver) at ₹250.00/gram. 925 silver = 92.5% pure (sterling) at ~₹231.25/gram. Both available in Lucknow.
Silver vs gold — which to buy in Lucknow?
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 Uttar Pradesh, the all-India silver rate, or today's gold rate in Lucknow. Tracking investments? Use our SIP Calculator.