Silver Rate Today in Varanasi
Today's live fine 999 and sterling 925 silver rate in Varanasi in Uttar Pradesh. Updated daily by our editorial team with indicative silver reference rates, per-gram and per-kg pricing. Prices closely track the Lucknow silver rate with minor local variation.
Today's Silver Rate in Varanasi (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 Varanasi.
🪙 Silver Price by Weight in Varanasi
| 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 Varanasi
Silver Rate Today in Varanasi, Uttar Pradesh — Complete Guide (7 August 2026)
Today's silver rate in Varanasi is ₹250.00/gram and ₹2,50,000/kg. 100 grams of silver costs ₹25,000 in Varanasi today.
Silver Purity & Price in Varanasi
| 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 Varanasi
Buy BIS-hallmarked silver in Varanasi 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 Varanasi
Popular silver markets:
- Aminabad Lucknow Silver Market
- Thatteri Bazaar Varanasi
- Sadar Bazaar Agra
- Johri Bazar Kanpur
- Nakhas Market Lucknow
Silver Tradition & Culture in Uttar Pradesh
Uttar Pradesh has a rich silver tradition — Varanasi is famous for silver zari work on Banarasi sarees. Lucknow has Nawabi-style silver chikan embroidery frames. Moradabad (Brass City) also has significant silver utensil manufacturing. Silver coins and paisa are traditional gifts in UP weddings.
Best time to buy silver in Uttar Pradesh: Karva Chauth (Oct-Nov), Dhanteras, Diwali, Akshaya Tritiya.
Silver specialty of Uttar Pradesh: Varanasi silver zari, silver coins, silver utensils, Lucknow silver chikan frames.
Silver Making Charges in Varanasi
Making charges for silver in Varanasi 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 Varanasi before buying.
Tax on Silver in Varanasi
- GST: 3% on silver coins, bars, jewellery, and utensils in Varanasi
- 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 Varanasi
- Physical Silver: Buy BIS hallmarked coins, bars, and utensils from Varanasi dealers — Aisshpra Jewel World, Lala Jugal Kishore Jewellers, Ratan 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 Varanasi.
- 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 Varanasi 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 Varanasi and across India.
❓ Silver Rate FAQs — Varanasi
▸ What is today's silver rate in Varanasi?
▸ What is 925 sterling silver rate in Varanasi?
▸ How much does 1 kg silver cost in Varanasi?
▸ What is 100 gram silver price in Varanasi?
▸ Is silver rate same in Varanasi and other cities?
▸ Is silver rate in Varanasi same as Uttar Pradesh?
▸ Where to buy silver in Varanasi?
▸ What is the making charge on silver in Varanasi?
▸ What GST on silver in Varanasi?
▸ Is silver a good investment in Varanasi?
▸ How to check silver purity in Varanasi?
▸ What is 999 vs 925 silver in Varanasi?
▸ Silver vs gold — which to buy in Varanasi?
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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 Uttar Pradesh, the all-India silver rate, or today's gold rate in Varanasi. Tracking investments? Use our SIP Calculator.