Gwalior Silver Rate Today: ₹2,75,626/kg ↑₹1,312 — 1g, 10g & 1kg Live Price
Live silver price today in Gwalior, Madhya Pradesh. Check verified retail rates for 1kg, 100g, & 10g weights from Lashkar Sarafa Bazar and Maharaj Bada markets.
Quick Answer: Live Silver Price
Today on 16 September 2026, the live silver rate in Gwalior is ₹2,75,626 per kilogram. For smaller quantities, the price of 10 grams of silver is ₹2756.26, and 100 grams is ₹27,562.6. Compared to yesterday, the price of silver has increased by ₹1,312 per kg (0% ).
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Estimated Bill Breakdown
* Making charges and GST are indicative
Gwalior Silver Purity Matrix - Today's Prices
| Silver Grade / Purity | Price per 10 Grams (₹) | Price per 1 Kilogram (₹) |
|---|---|---|
| Fine Silver (99.9% Purity)Best for investment coins, bars, and industrial needs | ₹2756.26 | ₹2,75,626 |
| Sterling Silver (92.5% Purity)Standard purity for premium utensils and designer jewelry | ₹2549.54 | ₹2,54,954 |
| Coin Silver (90.0% Purity)Traditional heavy anklets (payal) and antique coins | ₹2480.63 | ₹2,48,063 |
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.
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.
Silver Shopping and Market Guide in Gwalior
Gwalior, a historic city in Madhya Pradesh, is a prominent regional hub for trading precious metals. Known for its rich heritage and the royal history of the Scindia dynasty, the demand for silver in Gwalior remains consistently high. Silver is purchased widely in the form of traditional utensils, religious idols, and heavy jewelry (such as anklets or payal).
Where to Buy Silver in Gwalior
For verified silver rates and certified quality shopping, Gwalior hosts several historical and modern bullion hubs:
- Lashkar Sarafa Bazar: Gwalior's oldest and largest wholesale bullion and retail market, famous for authentic silver jewelry and coins at highly competitive rates.
- Maharaj Bada (Nazarbagh): The commercial heart of Gwalior, featuring multiple branded retail stores and legacy family jewellers.
- Phool Bagh Corridor: A popular destination for modern, designer sterling silver jewelry, gifting collections, and certified bullion items.
Understanding Silver Purity and Hallmarking
To ensure you are getting genuine value for your money when purchasing silver in Gwalior:
- Look for BIS Hallmark: Bureau of Indian Standards (BIS) hallmarking is the official certification for purity. Fine silver coins and bars must bear the '999' mark, while ornaments should show the '925' mark.
- Calculate Final Prices Correctly: Use the formula: `Final Cost = [(Weight × Today's Rate per Gram) + Making Charges] + 3% GST`.
- Ask for a Detailed Invoice: Ensure you get a tax invoice showing the weight, purity, making charges, and taxes to protect your purchase.

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harshitsharma.sra@labhgrow.inFrequently Asked Questions (FAQs) - Gwalior Silver Rate
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