Silver Rate History India | Historical Silver Prices Per Kg
Free silver rate history tracker for India. Track daily silver rates per kg, 10g, and 1g, historical charts, and price trends updated daily with accuracy.
Silver Rates & Calculation Methodology
Live daily silver prices are tracked from national commodity exchanges (MCX) and bullion markets across Mumbai, Delhi, Chennai, Kolkata, Bangalore, and Hyderabad.
- 24 Karat (999 Purity): 99.9% pure investment-grade bullion
- 22 Karat (916 Purity): 91.6% hallmarked standard jewelry gold
- 18 Karat (750 Purity): 75.0% diamond and studded jewelry
- GST Rate: 3% applicable on final value (Gold/Silver + Making Charges)
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Frequently Asked Questions (FAQs)
- What is the difference between 22K and 24K gold?
- 24K gold is 99.9% pure — the highest purity used for coins and bullion. 22K gold (916 hallmark) is 91.6% pure mixed with 8.4% alloy metals to add hardness, making it suitable for everyday jewelry.
- What GST rate applies on gold jewelry purchase in India?
- 3% GST applies on the total value of gold (metal value + making charges). Additionally, 5% GST applies separately on the making/crafting charges. Always ask for a GST invoice when buying jewelry.
- What is a BIS Hallmark and HUID on gold jewelry?
- BIS Hallmark certifies that the gold meets the Bureau of Indian Standards purity norms. HUID (Hallmark Unique Identification) is a mandatory 6-digit alphanumeric code stamped on each piece since April 2023 that guarantees authenticity.
- How is the gold jewelry price calculated?
- Final Price = (Weight in grams × Rate per gram × Karat purity/24) + Making charges (₹250–₹1,200/gram) + 3% GST on metal + 5% GST on making charges. Use our gold calculator for instant results.