Indore, Madhya Pradesh • Regional Rate Desk
Silver Rate in Indore Today (17 September 2026)
Indicative daily physical retail silver benchmark for Indore. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹150/kg), and applicable statutory 3% retail GST.
Indore 1 Gram (999 Pure)
₹239.46
Incl. 3% GST • Base: ₹232.49Indore 10 Grams (Tola)
₹2,394.65
Popular Coin Weight • 925 Jewelry: ₹2,215.05Indore 1 Kilogram (Bar)Benchmark
₹2,39,464.7
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Indore Silver Price Table • 17 September 2026
Comparison across 999 Fine Bullion and 925 Sterling Jewelry Silver
| Denomination | 999 Pure (Base) | 999 Pure (Incl. 3% GST) | 925 Jewelry (Base) | 925 Jewelry (Incl. 3% GST) |
|---|---|---|---|---|
| 1 Gram | ₹232.49 | ₹239.46 | ₹215.05 | ₹221.5 |
| 8 Grams (Pavalam) | ₹1,859.92 | ₹1,915.72 | ₹1,720.43 | ₹1,772.04 |
| 10 Grams (Tola) | ₹2,324.9 | ₹2,394.65 | ₹2,150.53 | ₹2,215.05 |
| 100 Grams | ₹23,249 | ₹23,946.47 | ₹21,505.33 | ₹22,150.49 |
| 1 Kilogram (1000g) | ₹2,32,490 | ₹2,39,464.7 | ₹2,15,053.25 | ₹2,21,504.85 |
Local Silver Markets & Bullion Hubs in Indore
Prominent Jewellery & Bullion Quarters:
Sarafa BazaarBada SarafaChhota Sarafa
Indore's Sarafa Bazaar is legendary for trading bullion by day and transforming into a lively street food market by night.
Buying Silver in Indore: Buyer Tips
- Always demand a computerized bill showing 3% GST breakdown.
- Verify the BIS Hallmark logo and purity stamp (999 or 925).
- Compare making charges across Sarafa Bazaar shops before purchasing silverware.
- For pure investment, consider 99.9% minted bars or Silver ETFs to bypass jewelry making loss.
Quick Silver Converter
Estimated Total Retail Price
₹2,395
Pure Metal Base Value (10g @ ₹232.49/g):₹2,325
Retail GST (3%):+₹70
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Frequently Asked Questions: Silver Rate in Indore
Important guidelines for purchasing and selling physical silver in Indore.
Today in Indore, 1kg of 999 fine silver is ₹2,39,464.7 (including 3% GST), and 10 grams costs ₹2,394.65. For 925 sterling jewelry silver, 10 grams is ₹2,215.05.