Silver Rate Today in Phek
Find today's live 925 sterling and 999 fine silver rate in Phek in Nagaland. Updated daily by our editorial team with indicative silver reference rates, per-gram and per-kg pricing. Prices closely track the Kohima silver rate with minor local variation.
Today's Silver Rate in Phek (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 Phek.
🪙 Silver Price by Weight in Phek
| 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 Phek
Silver Rate Today in Phek, Nagaland — Complete Guide (7 August 2026)
Today's silver rate in Phek is ₹250.00/gram and ₹2,50,000/kg. 100 grams of silver costs ₹25,000 in Phek today.
Silver Purity & Price in Phek
| 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 Phek
Buy BIS-hallmarked silver in Phek 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 Phek
Popular silver markets:
- Hong Kong Market Dimapur
- Kohima Town Market
Silver Tradition & Culture in Nagaland
Nagaland has rich Naga tribal silver and bead jewellery traditions. Silver ornaments are worn with traditional Naga shawls during Hornbill Festival. Each Naga tribe (Angami, Ao, Sema, etc.) has distinctive silver jewellery patterns.
Best time to buy silver in Nagaland: Hornbill Festival (Dec), Christmas.
Silver specialty of Nagaland: Naga tribal silver jewellery, silver bead necklaces, festival silver ornaments.
Silver Making Charges in Phek
Making charges for silver in Phek 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 Phek before buying.
Tax on Silver in Phek
- GST: 3% on silver coins, bars, jewellery, and utensils in Phek
- 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 Phek
- Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Phek dealers — Tanishq, Senco Gold and Diamonds 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 Phek.
- 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 Phek 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 Phek and across India.
❓ Silver Rate FAQs — Phek
▸ What is today's silver rate in Phek?
▸ What is 925 sterling silver rate in Phek?
▸ How much does 1 kg silver cost in Phek?
▸ What is 100 gram silver price in Phek?
▸ Is silver rate same in Phek and other cities?
▸ Is silver rate in Phek same as Nagaland?
▸ Where to buy silver in Phek?
▸ What is the making charge on silver in Phek?
▸ What GST on silver in Phek?
▸ Is silver a good investment in Phek?
▸ How to check silver purity in Phek?
▸ What is 999 vs 925 silver in Phek?
▸ Silver vs gold — which to buy in Phek?
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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 Nagaland, the all-India silver rate, or today's gold rate in Phek. Tracking investments? Use our SIP Calculator.