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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 Raichur

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 Raichur

₹245.09₹246.51₹247.93₹249.36₹250.78

Silver Rate Today in Raichur, Karnataka — Complete Guide (7 August 2026)

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

Silver Purity & Price in Raichur

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 Raichur

Buy BIS-hallmarked silver in Raichur 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.

🏬 Abharan Jewellers
🏬 Bhima Jewellers
🏬 Davanam Jewellers
🏬 Prakash Jewellers
🏬 Shree Laxmidas Jewellers
🏬 Mangalore Jewels

Famous Silver Markets near Raichur

Popular silver markets:

  • Avenue Road Bangalore Silver Market
  • Chickpet Bangalore
  • Car Street Mangalore
  • Devaraja Market Mysore
  • Hubli Silver Market

Silver Tradition & Culture in Karnataka

Karnataka has a rich Bidriware tradition from Bidar — silver inlay work on zinc-copper alloy. Mysore is famous for silver Dasara jewellery and silver pooja items. Udupi silver lamps are popular temple items. Bangalore's Chickpet and Avenue Road are major silver trading hubs.

Best time to buy silver in Karnataka: Ugadi (Mar-Apr), Dasara (Oct), Varamahalakshmi (Aug), Dhanteras, Akshaya Tritiya.

Silver specialty of Karnataka: Bidriware (Bidar silver inlay), silver Dasara items, silver pooja thali, silver anklets.

Silver Making Charges in Raichur

Making charges for silver in Raichur 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 Raichur before buying.

Tax on Silver in Raichur

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

  1. Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Raichur dealers — Abharan Jewellers, Bhima Jewellers, Davanam 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 Raichur.
  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 Raichur 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 Raichur and across India.

❓ Silver Rate FAQs — Raichur

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