Chennai, Tamil Nadu • Regional Rate Desk
Silver Rate in Chennai Today (18 September 2026)
Indicative daily physical retail silver benchmark for Chennai. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹500/kg), and applicable statutory 3% retail GST.
Chennai 1 Gram (999 Pure)
₹248.6
Incl. 3% GST • Base: ₹241.36Chennai 10 Grams (Tola)
₹2,486.01
Popular Coin Weight • 925 Jewelry: ₹2,299.56Chennai 1 Kilogram (Bar)Benchmark
₹2,48,600.8
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Chennai Silver Price Table • 18 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 | ₹241.36 | ₹248.6 | ₹223.26 | ₹229.96 |
| 8 Grams (Pavalam) | ₹1,930.88 | ₹1,988.81 | ₹1,786.06 | ₹1,839.64 |
| 10 Grams (Tola) | ₹2,413.6 | ₹2,486.01 | ₹2,232.58 | ₹2,299.56 |
| 100 Grams | ₹24,136 | ₹24,860.08 | ₹22,325.8 | ₹22,995.57 |
| 1 Kilogram (1000g) | ₹2,41,360 | ₹2,48,600.8 | ₹2,23,258 | ₹2,29,955.74 |
Local Silver Markets & Bullion Hubs in Chennai
Prominent Jewellery & Bullion Quarters:
SowcarpetT. NagarGeorge Town
Sowcarpet acts as the primary trading node for silver anklets, kolusu, and temple utensils. South Indian markets typically trade at a slight logistics premium over Mumbai.
Buying Silver in Chennai: 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 Sowcarpet 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
₹2,486
Pure Metal Base Value (10g @ ₹241.36/g):₹2,414
Retail GST (3%):+₹72
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Frequently Asked Questions: Silver Rate in Chennai
Important guidelines for purchasing and selling physical silver in Chennai.
Today in Chennai, 1kg of 999 fine silver is ₹2,48,600.8 (including 3% GST), and 10 grams costs ₹2,486.01. For 925 sterling jewelry silver, 10 grams is ₹2,299.56.