Silver Rate Today in Ujjain
View live 999 fine and 925 sterling silver rate in Ujjain in Madhya Pradesh. Updated daily by our editorial team with indicative silver reference rates, per-gram and per-kg pricing. Prices closely track the Bhopal silver rate with minor local variation.
Today's Silver Rate in Ujjain (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 Ujjain.
🪙 Silver Price by Weight in Ujjain
| 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 Ujjain
Silver Rate Today in Ujjain, Madhya Pradesh — Complete Guide (7 August 2026)
Today's silver rate in Ujjain is ₹250.00/gram and ₹2,50,000/kg. 100 grams of silver costs ₹25,000 in Ujjain today.
Silver Purity & Price in Ujjain
| 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 Ujjain
Buy BIS-hallmarked silver in Ujjain 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 Ujjain
Popular silver markets:
- Sarafa Bazaar Indore Silver Section
- Chowk Bazaar Bhopal
- Sadar Bazaar Jabalpur
- Gwalior Silver Market
Silver Tradition & Culture in Madhya Pradesh
Madhya Pradesh is famous for tribal silver jewellery — Bastar and Bundelkhand tribes wear elaborate silver ornaments. Indore's Sarafa Bazaar is one of Central India's biggest silver markets (also famous as a night food market). Gwalior and Bhopal have significant silver utensil markets.
Best time to buy silver in Madhya Pradesh: Dhanteras, Diwali, Navratri, Akshaya Tritiya.
Silver specialty of Madhya Pradesh: Tribal silver jewellery, silver utensils, silver pooja items, Sarafa Bazaar trading.
Silver Making Charges in Ujjain
Making charges for silver in Ujjain 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 Ujjain before buying.
Tax on Silver in Ujjain
- GST: 3% on silver coins, bars, jewellery, and utensils in Ujjain
- 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 Ujjain
- Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Ujjain dealers — Anopchand Tilokchand Jewellers, DP Abhushan (DP Jewellers), Punjab 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 Ujjain.
- 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 Ujjain 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 Ujjain and across India.
❓ Silver Rate FAQs — Ujjain
▸ What is today's silver rate in Ujjain?
▸ What is 925 sterling silver rate in Ujjain?
▸ How much does 1 kg silver cost in Ujjain?
▸ What is 100 gram silver price in Ujjain?
▸ Is silver rate same in Ujjain and other cities?
▸ Is silver rate in Ujjain same as Madhya Pradesh?
▸ Where to buy silver in Ujjain?
▸ What is the making charge on silver in Ujjain?
▸ What GST on silver in Ujjain?
▸ Is silver a good investment in Ujjain?
▸ How to check silver purity in Ujjain?
▸ What is 999 vs 925 silver in Ujjain?
▸ Silver vs gold — which to buy in Ujjain?
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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 Madhya Pradesh, the all-India silver rate, or today's gold rate in Ujjain. Tracking investments? Use our SIP Calculator.