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

The silver price in Bangalore carries a regional logistics adjustment of +₹300/kg compared to national port benchmarks. Differences reflect interstate bullion transportation, local vault storage, and demand patterns across Raja Market (Avenue Road), Commercial Street, Jayanagar 4th Block, Malleswaram 8th Cross.

How can I verify silver purity when buying in Bangalore?

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.

Bangalore, Karnataka • Regional Rate Desk (South India)

Silver Rate in Bangalore Today

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

The primary wholesale and retail silver exchanges in Bangalore are concentrated around Raja Market (Avenue Road), Commercial Street, Jayanagar 4th Block, Malleswaram 8th Cross, where local bullion dealers quote daily hallmark bullion rates.

Indicative daily physical retail silver benchmark for Bangalore. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹300/kg), and applicable statutory 3% retail GST. Refreshed: 07:02 am IST.

Bangalore 1 Gram (999 Pure)

₹189.46

Incl. 3% GST • Base: ₹183.94

Bangalore 10 Grams (Tola)

₹1,894.58

Popular Coin Weight • 925 Jewelry: ₹1,752.49

Bangalore 1 Kilogram (Bar)Benchmark

₹1,89,458.2

Standard Bullion Bar • Incl. 3% GST

Bangalore Silver Price Table • Today's Rates

Comparison across 999 Fine Bullion and 925 Sterling Jewelry Silver (Snapshot: 2026-11-03)

Local Markup: +₹300/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹183.94	₹189.46	₹170.14	₹175.24
8 Grams (Pavalam)	₹1,471.52	₹1,515.67	₹1,361.16	₹1,401.99
10 Grams (Tola)	₹1,839.4	₹1,894.58	₹1,701.45	₹1,752.49
100 Grams	₹18,394	₹18,945.82	₹17,014.45	₹17,524.88
1 Kilogram (1000g)	₹1,83,940	₹1,89,458.2	₹1,70,144.5	₹1,75,248.84

Local Silver Markets & Bullion Hubs in Bangalore

Prominent Bullion & Jewellery Markets:

Raja Market (Avenue Road)Commercial StreetJayanagar 4th BlockMalleswaram 8th Cross

Raja Market on Avenue Road houses Bangalore's historic bullion trading houses, anchoring South Karnataka's precious metals trade. Local prices blend wholesale quotes from Mumbai refineries with regional tech-demographic consumer buying trends.

Demand & Consumption Profile:

Modern 925 sterling silver daily-wear jewelry, corporate bullion gifting coins, tech investor silver accumulation, and festive pooja thalis.

Bangalore Precious Metals Compliance & Tips

Regional Trade Body

The Jewellers Association Bengaluru (JAB)

BIS Hallmarking & Assaying

Avenue Road & Chickpet Hallmarking Bureau

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 Raja Market (Avenue Road) dealers before committing to large silverware purchases.

Quick Silver Converter

Live Formula

Enter Weight

Silver Purity

Include 3% GST

Estimated Total Retail Price

₹1,895

Pure Metal Base Value (10g @ ₹183.94/g):₹1,839

Retail GST (3%):+₹55

Frequently Asked Questions: Silver Rate in Bangalore

Important guidelines for purchasing and selling physical silver in Bangalore.

Today in Bangalore, 1kg of 999 fine silver is ₹1,89,458.2 (including 3% GST), and 10 grams costs ₹1,894.58. For 925 sterling jewelry silver, 10 grams is ₹1,752.49.