Silver Rate Today in Mandi
View live sterling (925) and fine (999) silver rate in Mandi in Himachal Pradesh. Updated daily by our editorial team with indicative silver reference rates, per-gram and per-kg pricing. Prices closely track the Shimla silver rate with minor local variation.
Today's Silver Rate in Mandi (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 Mandi.
🪙 Silver Price by Weight in Mandi
| 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 Mandi
Silver Rate Today in Mandi, Himachal Pradesh — Complete Guide (7 August 2026)
Today's silver rate in Mandi is ₹250.00/gram and ₹2,50,000/kg. 100 grams of silver costs ₹25,000 in Mandi today.
Silver Purity & Price in Mandi
| 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 Mandi
Buy BIS-hallmarked silver in Mandi 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 Mandi
Popular silver markets:
- The Mall Shimla Silver Shops
- Kangra Silver Market
- Mandi Market
- Kullu Silver Market
Silver Tradition & Culture in Himachal Pradesh
Himachal Pradesh has unique Kullu silver jewellery and Chamba silver work traditions. Traditional Himachali silver ornaments include Chandrahaar, Jhumke, and silver Nath. Kullu caps are decorated with silver pins. Silver jewellery is gifted during Baisakhi and Lohri celebrations.
Best time to buy silver in Himachal Pradesh: Baisakhi, Diwali, Navratri, Akshaya Tritiya, Kullu Dussehra.
Silver specialty of Himachal Pradesh: Kullu silver ornaments, Chamba silver work, silver cap pins, silver Chandrahaar.
Silver Making Charges in Mandi
Making charges for silver in Mandi 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 Mandi before buying.
Tax on Silver in Mandi
- GST: 3% on silver coins, bars, jewellery, and utensils in Mandi
- 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 Mandi
- Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Mandi dealers — Verma Jewellers, Sardar Jewellers, Shiva 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 Mandi.
- 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 Mandi 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 Mandi and across India.
❓ Silver Rate FAQs — Mandi
▸ What is today's silver rate in Mandi?
▸ What is 925 sterling silver rate in Mandi?
▸ How much does 1 kg silver cost in Mandi?
▸ What is 100 gram silver price in Mandi?
▸ Is silver rate same in Mandi and other cities?
▸ Is silver rate in Mandi same as Himachal Pradesh?
▸ Where to buy silver in Mandi?
▸ What is the making charge on silver in Mandi?
▸ What GST on silver in Mandi?
▸ Is silver a good investment in Mandi?
▸ How to check silver purity in Mandi?
▸ What is 999 vs 925 silver in Mandi?
▸ Silver vs gold — which to buy in Mandi?
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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 Himachal Pradesh, the all-India silver rate, or today's gold rate in Mandi. Tracking investments? Use our SIP Calculator.