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

The silver price in Rajkot carries a regional logistics adjustment of +₹40/kg compared to national port benchmarks. Differences reflect interstate bullion transportation, local vault storage, and demand patterns across Soni Bazaar Bullion Street, Dharmendra Road, Palace Road, Tagore Road.

Where are the major silver bullion markets in Rajkot?

The primary wholesale and retail silver exchanges in Rajkot are concentrated around Soni Bazaar Bullion Street, Dharmendra Road, Palace Road, Tagore Road, where local bullion dealers quote daily hallmark bullion rates.

How can I verify silver purity when buying in Rajkot?

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.

Rajkot, Gujarat • Regional Rate Desk (West India)

Silver Rate in Rajkot Today

Indicative daily physical retail silver benchmark for Rajkot. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹40/kg), and applicable statutory 3% retail GST. Refreshed: 07:02 am IST.

Rajkot 1 Gram (999 Pure)

₹189.19

Incl. 3% GST • Base: ₹183.68

Rajkot 10 Grams (Tola)

₹1,891.9

Popular Coin Weight • 925 Jewelry: ₹1,750.01

Rajkot 1 Kilogram (Bar)Benchmark

₹1,89,190.4

Standard Bullion Bar • Incl. 3% GST

Rajkot Silver Price Table • Today's Rates

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

Local Markup: +₹40/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹183.68	₹189.19	₹169.9	₹175
8 Grams (Pavalam)	₹1,469.44	₹1,513.52	₹1,359.23	₹1,400.01
10 Grams (Tola)	₹1,836.8	₹1,891.9	₹1,699.04	₹1,750.01
100 Grams	₹18,368	₹18,919.04	₹16,990.4	₹17,500.11
1 Kilogram (1000g)	₹1,83,680	₹1,89,190.4	₹1,69,904	₹1,75,001.12

Local Silver Markets & Bullion Hubs in Rajkot

Prominent Bullion & Jewellery Markets:

Soni Bazaar Bullion StreetDharmendra RoadPalace RoadTagore Road

Soni Bazaar in Rajkot is arguably India's biggest national manufacturing capital for machine-made silver chains, casting components, and hollow payals, supplying wholesale stock across all Indian states with razor-thin production spreads.

Demand & Consumption Profile:

Mass-scale silver chain manufacturing, casting alloy grains, wholesale payals for nationwide distribution, and 30kg commercial bars.

Rajkot Precious Metals Compliance & Tips

Regional Trade Body

Rajkot Gold & Silver Merchants Association

BIS Hallmarking & Assaying

Soni Bazaar Central Laser Hallmarking Facility

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 Soni Bazaar Bullion Street dealers before committing to large silverware purchases.

Quick Silver Converter

Live Formula

Enter Weight

Silver Purity

Include 3% GST

Estimated Total Retail Price

₹1,892

Pure Metal Base Value (10g @ ₹183.68/g):₹1,837

Retail GST (3%):+₹55

Frequently Asked Questions: Silver Rate in Rajkot

Important guidelines for purchasing and selling physical silver in Rajkot.

Today in Rajkot, 1kg of 999 fine silver is ₹1,89,190.4 (including 3% GST), and 10 grams costs ₹1,891.9. For 925 sterling jewelry silver, 10 grams is ₹1,750.01.