Silver Price Today in Indore — 29 June 2026
About this data
Silver prices in Indore (Madhya Pradesh) follow MCX silver futures and international spot references in INR. Retail quotes may differ after making charges or dealer premium.
Silver price today in Indore is ₹278/g (999 fine benchmark) — ₹2/g below national (national: ₹280/g). Gold-to-silver ratio in India today is about 56:1.
Indore's Sarafa area is known for evening jewellery trade including silver. Today, silver in Indore is priced at ₹278 per gram.
Silver demand in Indore rises during festivals and weddings. Making charges and GST apply on jewellery; coin buyers should confirm buyback terms.
Use the weight tables, purity comparison, nearby city rates, trend chart, and FAQs before you buy silver in Indore.
Silver Price in Indore — By Weight
| Weight | Silver |
|---|---|
| 1g | ₹278 |
| 8g | ₹2,224 |
| 10g | ₹2,780 |
| 100g | ₹27,800 |
| 1kg | ₹2,78,000 |
999 vs 925 Silver in Indore
| Feature | 999 fine silver | 925 sterling |
|---|---|---|
| Rate per gram today | ₹278 | ~₹257 silver content |
| 10 gram (metal only) | ₹2,780 | ~₹2,570 |
| Best for | Coins, bars | Jewellery, gifts |
Silver Rate in Indore — 29 June 2026 Analysis
Indore is known for its lively bullion-and-jewellery trading culture, with Sarafa Bazaar being a major draw. Retail rates track broader benchmarks, while making charges and design options differ by store category.
Local tip — Indore
If buying in busy bazaars, double-check weights and purity markings; request a printed invoice for every purchase.
Seasonal note: Navratri, Diwali, and wedding months typically bring higher demand and quicker inventory turnover.
Silver Price in Indore — Common Weights
| Weight | 999 silver (Indore) |
|---|---|
| 1 gram | ₹278 |
| 8 grams | ₹2,224 |
| 10 grams | ₹2,780 |
| 100 grams | ₹27,800 |
| 1 kg | ₹2,78,000 |
India Silver Trend (30-Day Reference)
Indore silver quotes usually move with the national MCX trend. Chart below shows India reference history for direction — not an exact shop quote.
Silver price history reference — India (30 days)
| Date | Silver (₹/g) |
|---|---|
| 2026-05-31 | 276 |
| 2026-06-01 | 277 |
| 2026-06-02 | 279 |
| 2026-06-03 | 280 |
| 2026-06-04 | 281 |
| 2026-06-05 | 281 |
| 2026-06-06 | 282 |
| 2026-06-07 | 282 |
| 2026-06-08 | 282 |
| 2026-06-09 | 282 |
| 2026-06-10 | 281 |
| 2026-06-11 | 281 |
| 2026-06-12 | 280 |
| 2026-06-13 | 279 |
| 2026-06-14 | 279 |
| 2026-06-15 | 278 |
| 2026-06-16 | 278 |
| 2026-06-17 | 278 |
| 2026-06-18 | 277 |
| 2026-06-19 | 278 |
| 2026-06-20 | 278 |
| 2026-06-21 | 279 |
| 2026-06-22 | 280 |
| 2026-06-23 | 281 |
| 2026-06-24 | 282 |
| 2026-06-25 | 283 |
| 2026-06-26 | 285 |
| 2026-06-27 | 286 |
| 2026-06-28 | 287 |
| 2026-06-29 | 288 |
Indore vs Nearby Cities
How to Buy Silver in Indore
Check today's per gram rate
Board rate should be near ₹278/g for 999 benchmark before weighing.
Verify purity stamp
999 on coins/bars; 925 on most jewellery — BIS hallmark on new pieces.
Compare total invoice
Minting, making charges, and GST can change net cost more than ₹5/g moves.
Use nearby city table
Compare Indore with neighbouring markets in Madhya Pradesh before bulk buys.
Frequently Asked Questions — Indore
What is the silver price in Indore today?
Today's silver price in Indore is ₹278 per gram (999 fine benchmark). See the weight table for 10 g, 100 g, and 1 kg values.
What is 10 gram silver price in Indore?
10 grams of silver in Indore is about ₹2,780 in metal value before making charges or GST on jewellery.
Why does silver price differ between cities?
Silver prices differ due to logistics, local association benchmarks, dealer spread, and demand. The trend direction still follows MCX nationally.
Where can I buy silver in Indore?
Indore has jewellers and bullion dealers selling coins and jewellery. Insist on purity marks, BIS hallmark on new jewellery, and a detailed GST invoice.
How is GST applied on silver?
GST of 3% applies on silver jewellery across India. Coin and bar purchases may differ — confirm on your bill.
Is Indore silver cheaper than other cities?
Use the nearby cities table on this page. Indore usually tracks the national MCX direction with small local variation.
What is 999 vs 925 silver?
999 is 99.9% pure for coins and bars. 925 is sterling silver for jewellery. Your per-gram value depends on which purity you buy.
How does silver in Indore compare to gold?
See gold price in the same city via the related link on the page. Many buyers hold both metals for different goals.