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

The silver price in Delhi carries a regional logistics adjustment of +₹100/kg compared to national port benchmarks. Differences reflect interstate bullion transportation, local vault storage, and demand patterns across Chandni Chowk, Kucha Mahajani, Karol Bagh, Dariba Kalan.

Where are the major silver bullion markets in Delhi?

The primary wholesale and retail silver exchanges in Delhi are concentrated around Chandni Chowk, Kucha Mahajani, Karol Bagh, Dariba Kalan, where local bullion dealers quote daily hallmark bullion rates.

Delhi, Delhi NCR • Regional Rate Desk

Silver Rate in Delhi Today (17 September 2026)

Indicative daily physical retail silver benchmark for Delhi. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹100/kg), and applicable statutory 3% retail GST.

Delhi 1 Gram (999 Pure)

₹239.42

Incl. 3% GST • Base: ₹232.45

Delhi 10 Grams (Tola)

₹2,394.24

Popular Coin Weight • 925 Jewelry: ₹2,214.66

Delhi 1 Kilogram (Bar)Benchmark

₹2,39,423.5

Standard Bullion Bar • Incl. 3% GST

Sponsor Space Available • High Intent Indian Commodity & Jewellery Investors

Delhi Silver Price Table • 17 September 2026

Comparison across 999 Fine Bullion and 925 Sterling Jewelry Silver

Local Markup: +₹100/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹232.45	₹239.42	₹215.02	₹221.47
8 Grams (Pavalam)	₹1,859.6	₹1,915.39	₹1,720.13	₹1,771.73
10 Grams (Tola)	₹2,324.5	₹2,394.24	₹2,150.16	₹2,214.66
100 Grams	₹23,245	₹23,942.35	₹21,501.63	₹22,146.68
1 Kilogram (1000g)	₹2,32,450	₹2,39,423.5	₹2,15,016.25	₹2,21,466.74

Local Silver Markets & Bullion Hubs in Delhi

Prominent Jewellery & Bullion Quarters:

Chandni ChowkKucha MahajaniKarol BaghDariba Kalan

Kucha Mahajani in Chandni Chowk is North India's largest wholesale bullion exchange, accounting for heavy wholesale silver transactions and custom silverware craft.

Buying Silver in Delhi: 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 Chandni Chowk shops before purchasing silverware.
For pure investment, consider 99.9% minted bars or Silver ETFs to bypass jewelry making loss.

Quick Silver Converter

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Estimated Total Retail Price

₹2,394

Pure Metal Base Value (10g @ ₹232.45/g):₹2,325

Retail GST (3%):+₹70

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Frequently Asked Questions: Silver Rate in Delhi

Important guidelines for purchasing and selling physical silver in Delhi.

Today in Delhi, 1kg of 999 fine silver is ₹2,39,423.5 (including 3% GST), and 10 grams costs ₹2,394.24. For 925 sterling jewelry silver, 10 grams is ₹2,214.66.