Silver Rate History India 2026 | Daily 1kg Silver Price Charts | Tools Calculator
Free silver rate history tracker for India. Track daily silver rates per kg, 10g & 1g, historical charts & price trends updated daily.
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.