Why is the silver rate in Amritsar different from other cities?

The silver price in Amritsar carries a regional logistics adjustment of +₹140/kg compared to national port benchmarks. Differences reflect interstate bullion transportation, local vault storage, and demand patterns across Guru Bazaar (Golden Temple Vicinity), Katras Bullion Market, Lawrence Road, Mall Road.

How can I verify silver purity when buying in Amritsar?

Always ensure your silver jewellery or bar has the official BIS Hallmark logo alongside purity indicators (999 for 99.9% fine silver or 925 for 92.5% sterling silver). Request a tax invoice specifying the weight, purity, and 3% GST breakdown.

Amritsar, Punjab • Regional Rate Desk (North India)

Silver Rate in Amritsar Today

Q: Where are the major silver bullion markets in Amritsar?

The primary wholesale and retail silver exchanges in Amritsar are concentrated around Guru Bazaar (Golden Temple Vicinity), Katras Bullion Market, Lawrence Road, Mall Road, where local bullion dealers quote daily hallmark bullion rates.

Indicative daily physical retail silver benchmark for Amritsar. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹140/kg), and applicable statutory 3% retail GST. Refreshed: 06:15 am IST.

Amritsar 1 Gram (999 Pure)

₹232.77

Incl. 3% GST • Base: ₹225.99

Amritsar 10 Grams (Tola)

₹2,327.7

Popular Coin Weight • 925 Jewelry: ₹2,153.12

Amritsar 1 Kilogram (Bar)Benchmark

₹2,32,769.7

Standard Bullion Bar • Incl. 3% GST

Amritsar Silver Price Table • Today's Rates

Comparison across 999 Fine Bullion and 925 Sterling Jewelry Silver (Snapshot: 2026-10-06)

Local Markup: +₹140/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹225.99	₹232.77	₹209.04	₹215.31
8 Grams (Pavalam)	₹1,807.92	₹1,862.16	₹1,672.33	₹1,722.5
10 Grams (Tola)	₹2,259.9	₹2,327.7	₹2,090.41	₹2,153.12
100 Grams	₹22,599	₹23,276.97	₹20,904.08	₹21,531.2
1 Kilogram (1000g)	₹2,25,990	₹2,32,769.7	₹2,09,040.75	₹2,15,311.97

Local Silver Markets & Bullion Hubs in Amritsar

Prominent Bullion & Jewellery Markets:

Guru Bazaar (Golden Temple Vicinity)Katras Bullion MarketLawrence RoadMall Road

Guru Bazaar, situated right beside the Golden Temple, has traded physical bullion for over four centuries. Rates govern wholesale transactions throughout Majha and provide certified silver for ceremonial Sikh kadas and marriage silverware.

Demand & Consumption Profile:

Handcrafted pure silver kadas, Gurpurab commemorative medallions, wedding silverware, and NRI retail investment coins.

Amritsar Precious Metals Compliance & Tips

Regional Trade Body

Amritsar Bullion Merchants Association

BIS Hallmarking & Assaying

Guru Bazaar BIS Hallmarking & Quality Testing Center

Always demand a computerized bill specifying weight, purity, and statutory 3% GST.
Verify the official BIS Hallmark stamp (999 for investment bars, 925 for ornaments).
Compare making charges across Guru Bazaar (Golden Temple Vicinity) dealers before committing to large silverware purchases.

Quick Silver Converter

Live Formula

Enter Weight

Silver Purity

Include 3% GST

Estimated Total Retail Price

₹2,328

Pure Metal Base Value (10g @ ₹225.99/g):₹2,260

Retail GST (3%):+₹68

Frequently Asked Questions: Silver Rate in Amritsar

Important guidelines for purchasing and selling physical silver in Amritsar.

Today in Amritsar, 1kg of 999 fine silver is ₹2,32,769.7 (including 3% GST), and 10 grams costs ₹2,327.7. For 925 sterling jewelry silver, 10 grams is ₹2,153.12.