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

The silver price in Ludhiana carries a regional logistics adjustment of +₹130/kg compared to national port benchmarks. Differences reflect interstate bullion transportation, local vault storage, and demand patterns across Sarafan Bazaar (Old City), Ghumar Mandi, Mall Road, Model Town.

Where are the major silver bullion markets in Ludhiana?

The primary wholesale and retail silver exchanges in Ludhiana are concentrated around Sarafan Bazaar (Old City), Ghumar Mandi, Mall Road, Model Town, where local bullion dealers quote daily hallmark bullion rates.

How can I verify silver purity when buying in Ludhiana?

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.

Ludhiana, Punjab • Regional Rate Desk (North India)

Silver Rate in Ludhiana Today

Indicative daily physical retail silver benchmark for Ludhiana. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹130/kg), and applicable statutory 3% retail GST. Refreshed: 07:02 am IST.

Ludhiana 1 Gram (999 Pure)

₹189.28

Incl. 3% GST • Base: ₹183.77

Ludhiana 10 Grams (Tola)

₹1,892.83

Popular Coin Weight • 925 Jewelry: ₹1,750.87

Ludhiana 1 Kilogram (Bar)Benchmark

₹1,89,283.1

Standard Bullion Bar • Incl. 3% GST

Ludhiana Silver Price Table • Today's Rates

Comparison across 999 Fine Bullion and 925 Sterling Jewelry Silver (Snapshot: 2026-11-03)

Local Markup: +₹130/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹183.77	₹189.28	₹169.99	₹175.09
8 Grams (Pavalam)	₹1,470.16	₹1,514.26	₹1,359.9	₹1,400.7
10 Grams (Tola)	₹1,837.7	₹1,892.83	₹1,699.87	₹1,750.87
100 Grams	₹18,377	₹18,928.31	₹16,998.72	₹17,508.68
1 Kilogram (1000g)	₹1,83,770	₹1,89,283.1	₹1,69,987.25	₹1,75,086.87

Local Silver Markets & Bullion Hubs in Ludhiana

Prominent Bullion & Jewellery Markets:

Sarafan Bazaar (Old City)Ghumar MandiMall RoadModel Town

Sarafan Bazaar caters to Punjab's wealthy industrial and manufacturing elite. Industrial entrepreneurs actively trade physical silver bullion bars and minted coins as a long-term treasury hedge against currency volatility.

Demand & Consumption Profile:

Industrialist treasury hedging in 1kg/30kg bullion bars, luxury wedding silverware sets, corporate festive coins, and high-finish jewelry.

Ludhiana Precious Metals Compliance & Tips

Regional Trade Body

Ludhiana Jewellers Association

BIS Hallmarking & Assaying

Sarafan Bazaar BIS Hallmarking Station

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 Sarafan Bazaar (Old City) dealers before committing to large silverware purchases.

Quick Silver Converter

Live Formula

Enter Weight

Silver Purity

Include 3% GST

Estimated Total Retail Price

₹1,893

Pure Metal Base Value (10g @ ₹183.77/g):₹1,838

Retail GST (3%):+₹55

Frequently Asked Questions: Silver Rate in Ludhiana

Important guidelines for purchasing and selling physical silver in Ludhiana.

Today in Ludhiana, 1kg of 999 fine silver is ₹1,89,283.1 (including 3% GST), and 10 grams costs ₹1,892.83. For 925 sterling jewelry silver, 10 grams is ₹1,750.87.