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

The silver price in Lucknow carries a regional logistics adjustment of +₹150/kg compared to national port benchmarks. Differences reflect interstate bullion transportation, local vault storage, and demand patterns across Chowk Saraf Bazaar, Aminabad, Hazratganj, Alambagh.

Where are the major silver bullion markets in Lucknow?

The primary wholesale and retail silver exchanges in Lucknow are concentrated around Chowk Saraf Bazaar, Aminabad, Hazratganj, Alambagh, where local bullion dealers quote daily hallmark bullion rates.

How can I verify silver purity when buying in Lucknow?

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.

Lucknow, Uttar Pradesh • Regional Rate Desk (North India)

Silver Rate in Lucknow Today

Indicative daily physical retail silver benchmark for Lucknow. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹150/kg), and applicable statutory 3% retail GST. Refreshed: 05:06 am IST.

Lucknow 1 Gram (999 Pure)

₹233.06

Incl. 3% GST • Base: ₹226.27

Lucknow 10 Grams (Tola)

₹2,330.58

Popular Coin Weight • 925 Jewelry: ₹2,155.79

Lucknow 1 Kilogram (Bar)Benchmark

₹2,33,058.1

Standard Bullion Bar • Incl. 3% GST

Lucknow Silver Price Table • Today's Rates

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

Local Markup: +₹150/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹226.27	₹233.06	₹209.3	₹215.58
8 Grams (Pavalam)	₹1,810.16	₹1,864.46	₹1,674.4	₹1,724.63
10 Grams (Tola)	₹2,262.7	₹2,330.58	₹2,093	₹2,155.79
100 Grams	₹22,627	₹23,305.81	₹20,929.98	₹21,557.88
1 Kilogram (1000g)	₹2,26,270	₹2,33,058.1	₹2,09,299.75	₹2,15,578.74

Local Silver Markets & Bullion Hubs in Lucknow

Prominent Bullion & Jewellery Markets:

Chowk Saraf BazaarAminabadHazratganjAlambagh

Chowk is the historic heart of Lucknow's bullion and metal craftsmanship. Lucknow is India's principal center for silver foil (chandi ka vark) beating and delicate Awadhi filigree silverware, setting bullion demand rhythms across Central UP.

Demand & Consumption Profile:

High-purity silver foil (vark) manufacturing, traditional Awadhi tea sets, puja thalis, and festive investment bars.

Lucknow Precious Metals Compliance & Tips

Regional Trade Body

Lucknow Bullion & Jewellers Association

BIS Hallmarking & Assaying

Chowk & Aminabad BIS Certified Hallmarking Hubs

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 Chowk Saraf Bazaar dealers before committing to large silverware purchases.

Quick Silver Converter

Live Formula

Enter Weight

Silver Purity

Include 3% GST

Estimated Total Retail Price

₹2,331

Pure Metal Base Value (10g @ ₹226.27/g):₹2,263

Retail GST (3%):+₹68

Frequently Asked Questions: Silver Rate in Lucknow

Important guidelines for purchasing and selling physical silver in Lucknow.

Today in Lucknow, 1kg of 999 fine silver is ₹2,33,058.1 (including 3% GST), and 10 grams costs ₹2,330.58. For 925 sterling jewelry silver, 10 grams is ₹2,155.79.