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

The silver price in Visakhapatnam carries a regional logistics adjustment of +₹450/kg compared to national port benchmarks. Differences reflect interstate bullion transportation, local vault storage, and demand patterns across Kurupam Market, Daba Gardens, Jagadamba Junction.

Where are the major silver bullion markets in Visakhapatnam?

The primary wholesale and retail silver exchanges in Visakhapatnam are concentrated around Kurupam Market, Daba Gardens, Jagadamba Junction, where local bullion dealers quote daily hallmark bullion rates.

Visakhapatnam, Andhra Pradesh • Regional Rate Desk

Silver Rate in Visakhapatnam Today (17 September 2026)

Indicative daily physical retail silver benchmark for Visakhapatnam. Calculated from spot parity, composite landed import adjustments, regional logistics premium (+₹450/kg), and applicable statutory 3% retail GST.

Visakhapatnam 1 Gram (999 Pure)

₹239.3

Incl. 3% GST • Base: ₹232.33

Visakhapatnam 10 Grams (Tola)

₹2,393

Popular Coin Weight • 925 Jewelry: ₹2,213.52

Visakhapatnam 1 Kilogram (Bar)Benchmark

₹2,39,299.9

Standard Bullion Bar • Incl. 3% GST

Sponsor Space Available • High Intent Indian Commodity & Jewellery Investors

Visakhapatnam Silver Price Table • 17 September 2026

Comparison across 999 Fine Bullion and 925 Sterling Jewelry Silver

Local Markup: +₹450/kg

Denomination	999 Pure (Base)	999 Pure (Incl. 3% GST)	925 Jewelry (Base)	925 Jewelry (Incl. 3% GST)
1 Gram	₹232.33	₹239.3	₹214.91	₹221.36
8 Grams (Pavalam)	₹1,858.64	₹1,914.4	₹1,719.24	₹1,770.82
10 Grams (Tola)	₹2,323.3	₹2,393	₹2,149.05	₹2,213.52
100 Grams	₹23,233	₹23,929.99	₹21,490.53	₹22,135.25
1 Kilogram (1000g)	₹2,32,330	₹2,39,299.9	₹2,14,905.25	₹2,21,352.41

Local Silver Markets & Bullion Hubs in Visakhapatnam

Prominent Jewellery & Bullion Quarters:

Kurupam MarketDaba GardensJagadamba Junction

Kurupam Market in the port city of Vizag is Coastal Andhra's major bullion trading zone, heavily favored for silver idols and giftware.

Buying Silver in Visakhapatnam: 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 Kurupam Market 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

₹2,393

Pure Metal Base Value (10g @ ₹232.33/g):₹2,323

Retail GST (3%):+₹70

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Frequently Asked Questions: Silver Rate in Visakhapatnam

Important guidelines for purchasing and selling physical silver in Visakhapatnam.

Today in Visakhapatnam, 1kg of 999 fine silver is ₹2,39,299.9 (including 3% GST), and 10 grams costs ₹2,393. For 925 sterling jewelry silver, 10 grams is ₹2,213.52.