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 Kucha Mahajani (Chandni Chowk), Dariba Kalan, Karol Bagh Bullion Row, South Extension.

How can I verify silver purity when buying in Delhi?

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.

Delhi, Delhi NCR • Regional Rate Desk (North India)

Silver Rate in Delhi Today

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

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

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. Refreshed: 05:18 am IST.

Delhi 1 Gram (999 Pure)

₹232.57

Incl. 3% GST • Base: ₹225.8

Delhi 10 Grams (Tola)

₹2,325.74

Popular Coin Weight • 925 Jewelry: ₹2,151.31

Delhi 1 Kilogram (Bar)Benchmark

₹2,32,574

Standard Bullion Bar • Incl. 3% GST

Delhi Silver Price Table • Today's Rates

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

Local Markup: +₹100/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹225.8	₹232.57	₹208.86	₹215.13
8 Grams (Pavalam)	₹1,806.4	₹1,860.59	₹1,670.92	₹1,721.05
10 Grams (Tola)	₹2,258	₹2,325.74	₹2,088.65	₹2,151.31
100 Grams	₹22,580	₹23,257.4	₹20,886.5	₹21,513.1
1 Kilogram (1000g)	₹2,25,800	₹2,32,574	₹2,08,865	₹2,15,130.95

Local Silver Markets & Bullion Hubs in Delhi

Prominent Bullion & Jewellery Markets:

Kucha Mahajani (Chandni Chowk)Dariba KalanKarol Bagh Bullion RowSouth Extension

Kucha Mahajani in Old Delhi is the undisputed nerve center for North India's wholesale bullion trade. Rates reflect wholesale consignment movements from ports with minimal interstate transit margins, serving manufacturing belts in Haryana, Punjab, and Uttar Pradesh.

Demand & Consumption Profile:

High-purity 999 investment bars (1kg/30kg), ceremonial silverware, Diwali gifting coins, and bridal bridal silverware.

Delhi Precious Metals Compliance & Tips

Regional Trade Body

Delhi Bullion & Jewellers Association (DBJA)

BIS Hallmarking & Assaying

Dariba Kalan & Karol Bagh Assaying and 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 Kucha Mahajani (Chandni Chowk) dealers before committing to large silverware purchases.

Quick Silver Converter

Live Formula

Enter Weight

Silver Purity

Include 3% GST

Estimated Total Retail Price

₹2,326

Pure Metal Base Value (10g @ ₹225.80/g):₹2,258

Retail GST (3%):+₹68

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 ₹2,32,574 (including 3% GST), and 10 grams costs ₹2,325.74. For 925 sterling jewelry silver, 10 grams is ₹2,151.31.