What is the silver rate today in Surat?

Today on 15 September 2026, the silver rate in Surat is ₹2,75,866 per kilogram. The retail rates for smaller weights are ₹275.87 per gram, ₹2758.66 per 10 grams, and ₹27586.60 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 Surat today?

Today in Surat, 10 grams of silver is priced at ₹2758.66. If you are purchasing 92.5% sterling silver for jewelry, 10 grams will cost around ₹2551.76 (excluding making charges & GST).

Why do silver rates in Surat differ from Ahmedabad?

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

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

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 Surat?

The primary hubs for purchasing silver coins or jewelry in Surat are Chowk Bazar (Sarafa Bazar), Bhagal Bazar, and showrooms in Varachha and Katargam. These areas host established showrooms as well as traditional silver smiths.

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 Surat?

Making charges on silver items in Surat usually range from 10% to 20% of the total silver weight value. Traditional handcrafted utensils or jewelry from Chowk Bazar smiths might carry lower flat fees per gram, whereas designer showrooms charge percentage-based fees.

What is the GST rate on silver in Surat?

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 Surat?

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 Surat'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 Surat.

Surat Silver Rate Today: ₹2,75,866/kg ↑₹1,312 — 1g, 10g & 1kg Live Price

Live silver prices in Surat, Gujarat. Check verified retail and bullion rates in Chowk Bazar, Bhagal, Varachha, and surrounding hubs.

Quick Answer: Live Silver Price

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Today on 15 September 2026, the live silver rate in Surat is ₹2,75,866 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 ₹275.87, 10 grams is ₹2758.66, and 100 grams is ₹27586.60.

Last Updated: 15 Sept 2026 (09:01 am)

1 Gram Silver₹275.87

10 Grams Silver₹2759

1 Kilogram (1 Kg)₹2,75,866

Change vs Yesterday+₹1,312 (+0.48%)

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Historical Silver Rates in Surat

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Last Updated: 15/9/2026, 2:31:02 pm

Fine Silver (99.9% Purity)

Recommended for investment bars, coins, & industrial use

₹2,75,866 / 1 Kilogram

+₹1,312 (0.48%)

Sterling Silver (92.5% Purity)

Standard purity for silverware, ornaments, & chains

₹2,55,176 / 1 Kilogram

+₹1,214

Surat 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	₹2758.66	₹2,75,866
Sterling Silver (92.5% Purity)Standard purity for silverware, ornaments, and chains	₹2551.76	₹2,55,176
Coin Silver (90.0% Purity)Traditional ornaments and heritage coins	₹2482.79	₹2,48,279

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.

Surat Silver Buying Guide: Markets and Purity Rules

Surat, globally famous as the "Diamond City" and a leading textile hub, is also a highly active market for silver consumption. Gujarati families place high value on silver utensils, statues, and traditional ornaments (like anklets, locally known as 'Kadla' or 'Payal') for cultural festivities and as a long-term inflation hedge.

Top Silver Jewelry Markets in Surat

For verified purchases or to obtain the latest retail rates, residents visit the central jewelry districts of Surat:

Chowk Bazar (Sarafa Bazar): The oldest and largest jewelry center in Surat. Famous for wholesale rates on silver bars, coins, and heritage utensils.
Bhagal Bazar: Home to many traditional Gujarati jewelry families offering customized bridal jewelry and fine silver gift items.
Varachha & Katargam: Bustling commercial regions where retail showrooms offer modern sterling silver designs, chains, and rings.

Taxation and Rates Variations in Surat

The final price you pay at a jewelry showroom in Surat is calculated based on standard bullion parameters, transport margins from Ahmedabad, making charges (10% to 20%), and the standard 3% GST.

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