Silver Price Today in Indore — 15 May 2026
Last updated: 14 May 2026
| Weight | Silver |
|---|---|
| 1g | ₹288 |
| 8g | ₹2,304 |
| 10g | ₹2,880 |
| 100g | ₹28,800 |
| 1kg | ₹2,88,000 |
Indore is one of India's active silver markets. Silver prices in Indore typically align with national MCX rates, with minor variations based on local jeweller associations and state taxes. Today, silver in Indore is priced at ₹288 per gram.
Silver demand in Indore peaks during festivals and weddings. The city's jewellery market offers both traditional and modern silver designs. Making charges vary by design complexity.
Silver Market in Indore
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: 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.
Nearby cities: Bhopal, Gwalior
Silver prices in Indore follow MCX benchmarks and vary based on local taxes, jeweller association rates, and seasonal demand — learn more →
Indore vs Nearby Cities
Frequently Asked Questions
What is the silver price in Indore today?
Today's silver price in Indore is shown in the table above. Rates may vary slightly by jeweller.
Why does silver price differ between cities?
Silver prices differ due to state taxes, local association rates, and demand.
Where can I buy silver in Indore?
Indore has numerous jewellers selling silver. Look for purity marks and compare rates.
How is GST applied on silver?
GST of 3% applies on silver jewellery across India.
Gold & Silver Prices in Other Cities
Compare silver prices in Indore with nearby cities: