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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 Parassala

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 Parassala

₹245.32₹246.63₹247.94₹249.25₹250.56

Silver Rate Today in Parassala, Kerala — Complete Guide (7 August 2026)

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

Silver Purity & Price in Parassala

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 Parassala

Buy BIS-hallmarked silver in Parassala 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.

🏬 Malabar Gold and Diamonds
🏬 Kalyan Jewellers
🏬 Joyalukkas
🏬 Bhima Jewellery
🏬 Jos Alukkas
🏬 Chemmanur International Jewellers

Famous Silver Markets near Parassala

Popular silver markets:

  • Broadway Ernakulam Silver Market
  • SM Street Kozhikode
  • Chalai Bazaar Thiruvananthapuram
  • Thrissur Silver Market
  • Mattancherry Silver Shops

Silver Tradition & Culture in Kerala

Kerala has a strong tradition of silver utensils and temple offerings. Silver lamps (Nilavilakku), silver plates (Vellithattam), and silver glasses are essential items in Kerala homes. Silver Uruli and Kindi are popular housewarming gifts. Guruvayur and Sabarimala temples receive significant silver donations.

Best time to buy silver in Kerala: Onam (Aug-Sep), Vishu (Apr), Dhanteras, wedding season (Nov-May).

Silver specialty of Kerala: Silver utensils (Uruli, Kindi, Nilavilakku), temple offerings, silver coins.

Silver Making Charges in Parassala

Making charges for silver in Parassala 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 Parassala before buying.

Tax on Silver in Parassala

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

  1. Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Parassala dealers — Malabar Gold and Diamonds, Kalyan Jewellers, Joyalukkas 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 Parassala.
  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 Parassala 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 Parassala and across India.

❓ Silver Rate FAQs — Parassala

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