Silver Price Today in Varanasi — 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 |
Varanasi is one of India's active silver markets. Silver prices in Varanasi typically align with national MCX rates, with minor variations based on local jeweller associations and state taxes. Today, silver in Varanasi is priced at ₹288 per gram.
Silver demand in Varanasi 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 Varanasi
Varanasi has a steady jewellery market driven by family occasions, weddings, and gifting. Rates generally follow national trends while store-level spreads vary by design and making charges.
Local tip: If buying jewellery, prioritise hallmarking and keep invoices—documentation supports smoother exchange/resale later.
Seasonal note: Religious festivals and the winter wedding season can lift demand for gold purchases and gifting.
Nearby cities: Allahabad, Lucknow
Silver prices in Varanasi follow MCX benchmarks and vary based on local taxes, jeweller association rates, and seasonal demand — learn more →
Varanasi vs Nearby Cities
| City | Price (₹/g) | Variation |
|---|---|---|
| Varanasi | ₹288 | -0.67% |
| Madurai | ₹288 | -0.75% |
| Tiruchirappalli | ₹288 | -0.67% |
| Srinagar | ₹288 | -0.75% |
| Dehradun | ₹288 | -0.73% |
| Shimla | ₹288 | -0.78% |
Frequently Asked Questions
What is the silver price in Varanasi today?
Today's silver price in Varanasi 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 Varanasi?
Varanasi 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 Varanasi with nearby cities: