What is the silver rate today in Malerkotla?

Today on 15 September 2026, the silver rate in Malerkotla is ₹2,75,565 per kilogram. The retail rates for smaller weights are ₹275.56 per gram, ₹2755.65 per 10 grams, and ₹27556.50 per 100 grams. These prices are updated daily based on MCX and regional market guidelines.

What is the price of 10 grams of silver in Malerkotla today?

Today in Malerkotla, 10 grams of silver is priced at ₹2755.65. If you are purchasing 92.5% sterling silver for jewelry, 10 grams will cost around ₹2548.98 (excluding making charges & GST).

Why do silver rates in Malerkotla differ from Ludhiana?

Although Malerkotla benchmarks its base prices against Ludhiana bullion associations, minor retail price variances occur due to: (1) transportation charges from Ludhiana vaulting networks, (2) localized handling charges, and (3) margins decided by the local bullion retailers association in Malerkotla.

How do I check the purity of silver bought in Malerkotla?

You must check for the official BIS Hallmark embossed on the silver. For pure investment articles (coins, bars), it must show '999' (99.9% fine silver). For silver jewelry and silverware, look for '925' (92.5% sterling silver). Refuse to buy silver that does not carry the BIS triangle mark.

Which are the prominent markets to buy silver in Malerkotla?

The primary hubs for purchasing silver coins or jewelry in Malerkotla are the traditional Malerkotla Main Bazar (Sarafa Bazar) and Ludhiana-Sangrur Road showrooms.

What is the standard formula for calculating silver jewelry prices?

The final jewelry cost is calculated as: Final Cost = [(Weight of Silver in grams × Live Rate per gram) + Making Charges] + 3% GST on the subtotal. Always request a clear split of these costs on your tax invoice.

How much making charges are applied on silver in Malerkotla?

Making charges on silver items in Malerkotla usually range from 10% to 15% of the total silver weight value. Traditional handcrafted utensils or jewelry from Sarafa Bazar smiths might carry lower flat fees per gram, whereas designer showrooms charge percentage-based fees.

What is the GST rate on silver in Malerkotla?

A flat 3% Goods and Services Tax (GST) is levied nationwide on precious metals, including silver. This tax is computed on the total sum of the silver value and the making charges.

Is it safe to invest in physical silver coins in Malerkotla?

Yes, silver coins of 999 purity are highly safe and liquid investment assets. Coins carry minimal making charges compared to silver jewelry and retain 100% buyback value based on the day's market rate when sold back to a dealer.

How does global industrial demand affect Malerkotla's silver rates?

Over 50% of global silver supply is consumed in industrial applications like solar panel cells, electronics, and batteries. During industrial growth phases, silver rates rise sharply on international commodity markets (like COMEX), directly driving up retail prices in Malerkotla.

Malerkotla Silver Rate Today: ₹2,75,565/kg ↑₹1,312 — 1g, 10g & 1kg Live Price

Live silver prices in Malerkotla, Punjab. Check verified retail and bullion rates in Malerkotla Main Bazar (Sarafa Bazar), Ludhiana-Sangrur Road showrooms, and surrounding areas.

Quick Answer: Live Silver Price

100% Verified

Today on 15 September 2026, the live silver rate in Malerkotla is ₹2,75,565 per kilogram. Compared to yesterday, the price has increased by ₹1,312 per kg (0.48% ). For smaller quantities, 1 gram of silver is priced at ₹275.56, 10 grams is ₹2755.65, and 100 grams is ₹27556.50.

Last Updated: 15 Sept 2026 (07:30 am)

1 Gram Silver₹275.56

10 Grams Silver₹2756

1 Kilogram (1 Kg)₹2,75,565

Change vs Yesterday+₹1,312 (+0.48%)

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Historical Silver Rates in Malerkotla

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Last Updated: 15/9/2026, 1:00:34 pm

Fine Silver (99.9% Purity)

Recommended for investment bars, coins, & industrial use

₹2,75,565 / 1 Kilogram

+₹1,312 (0.48%)

Sterling Silver (92.5% Purity)

Standard purity for silverware, ornaments, & chains

₹2,54,898 / 1 Kilogram

+₹1,214

Malerkotla Silver Purity Matrix - Today's Rates

Silver Purity Grade	Price per 10g (₹)	Price per 1kg (₹)
Fine Silver (99.9% Purity)Used for investment bars, coins and industrial purposes	₹2755.65	₹2,75,565
Sterling Silver (92.5% Purity)Standard purity for silverware, ornaments, and chains	₹2548.98	₹2,54,898
Coin Silver (90.0% Purity)Traditional ornaments and heritage coins	₹2480.09	₹2,48,009

Pricing Accuracy & Rate Verification

Verified Source

International Wholesale Bullion Market (LBMA, IBJA, MCX Spot Prices)

Update Frequency

Updated daily on market days (excluding Sundays & national holidays)

Calculation Method

Based on spot USD-INR conversion, plus government import duties, plus standard local premiums. Prices shown do not include local jewelers' making charges or 3% GST.

Reviewed By

Fact-checked and reviewed by Lakshya Bhardwaj (Head of Content) & Harshit Sharma (Senior Research Analyst).

Correction Policy

We aim for 100% accuracy. If you notice any discrepancy, please report it immediately.

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Disclaimer: All rates displayed on LabhGrow are for informational purposes only. Do not make investment decisions based strictly on these rates. Always consult a certified financial advisor or check with local jewelry outlets before buying.

Buying Silver in Malerkotla: Local Factors

Malerkotla, situated in the Sangrur-Ludhiana region of Punjab, is famous for its rich history as a princely state and its harmonious multi-cultural population. Locally recognized for its massive vegetable farming trade and manufacturing units, Malerkotla residents traditionally choose silver ornaments, traditional utensils, and religious artifacts during seasonal harvests and local Punjabi wedding events.

Key Jewelry Locations in Malerkotla

When tracking the daily silver rate today malerkotla or purchasing fine silverware, residents frequent:

Malerkotla Main Bazar (Sarafa Bazar): The central hub for traditional jewelry designers and local silversmiths.
Ludhiana-Sangrur Road Showrooms: Premium regional showrooms offering hallmarked coins, silver bars, and modern jewelry sets.

Why Silver Price Varies Locally

Daily silver rates in Malerkotla are closely benchmarked against Ludhiana bullion associations. Hilly transport costs, local Punjab municipal fees, and making charges (ranging from 10% to 15%) are added to set the retail consumer rates.

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