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

The silver price in Bhubaneswar 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 Bapuji Nagar Commercial Market, Janpath Bullion Corridor, Saheed Nagar, Cuttack Tarakasi Belt.

How can I verify silver purity when buying in Bhubaneswar?

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.

Bhubaneswar, Odisha • Regional Rate Desk (East India)

Silver Rate in Bhubaneswar Today

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

The primary wholesale and retail silver exchanges in Bhubaneswar are concentrated around Bapuji Nagar Commercial Market, Janpath Bullion Corridor, Saheed Nagar, Cuttack Tarakasi Belt, where local bullion dealers quote daily hallmark bullion rates.

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

Bhubaneswar 1 Gram (999 Pure)

₹189.46

Incl. 3% GST • Base: ₹183.94

Bhubaneswar 10 Grams (Tola)

₹1,894.58

Popular Coin Weight • 925 Jewelry: ₹1,752.49

Bhubaneswar 1 Kilogram (Bar)Benchmark

₹1,89,458.2

Standard Bullion Bar • Incl. 3% GST

Bhubaneswar 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 Bhubaneswar

Prominent Bullion & Jewellery Markets:

Bapuji Nagar Commercial MarketJanpath Bullion CorridorSaheed NagarCuttack Tarakasi Belt

Bhubaneswar pairs capital retail demand with twin city Cuttack's GI-tagged 'Chandi Tarakasi' (intricate silver filigree). Daily bullion rates provide the foundation for raw silver supply to award-winning artisan guilds and grand Durga Puja silver tableaus (Chandi Medha).

Demand & Consumption Profile:

GI-tagged Cuttack Chandi Tarakasi (filigree), Durga Puja Chandi Medha tableau fabrication, Lord Jagannath ritual silverware, and wedding payals.

Bhubaneswar Precious Metals Compliance & Tips

Regional Trade Body

Bhubaneswar Jewellers Association

BIS Hallmarking & Assaying

Bapuji Nagar & Janpath BIS Hallmarking Centers

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 Bapuji Nagar Commercial Market 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 Bhubaneswar

Important guidelines for purchasing and selling physical silver in Bhubaneswar.

Today in Bhubaneswar, 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.