What is the silver rate today in Ratlam for 1kg?

Today on 16 September 2026, the silver rate in Ratlam is ₹2,75,664 per kilogram.

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

The price of 10 grams of silver in Ratlam today is ₹2756.64.

What is the price of 100 grams of silver in Ratlam?

Today in Ratlam, 100 grams of silver is priced at ₹27,566.4.

Why do silver rates in Ratlam differ from Ranchi?

Ratlam retail prices benchmark against the Ranchi and Dhanbad Bullion Associations. Local transportation margins, Madhya Pradesh state taxes, and individual jeweler processing fees account for the minor price differences.

What is the standard purity of sterling silver in Ratlam?

Sterling silver has a standard purity of 92.5% (often stamped as 925). It is alloyed with copper to ensure strength, making it ideal for jewelry, cutlery, and religious items.

Are there making charges on silver items in Ratlam?

Yes, making charges for silver ornaments and utensils in Ratlam range from 8% to 15% depending on design complexity. Utensils and idols have relatively lower making fees compared to intricate anklets and rings.

What is the GST on silver in Ratlam Steel City?

A flat 3% GST (Goods and Services Tax) is applicable on the total value of silver plus making charges. This tax structure is standardized across India.

Which are the best retail markets to buy silver in Ratlam?

Sector 4 Market is the primary destination for corporate jewelry chain outlets. For traditional silversmiths and custom handmade utensils, Station Road Bazar offers extensive varieties.

Is buying silver coins a good investment option in Ratlam?

Yes, buying 99.9% pure silver coins or bars is highly cost-effective because they attract very minimal making charges compared to silverware or heavy anklets, ensuring better resale value.

How does the Ratlam Steel Plant (SAIL) influence local silver purStation Roades?

The Ratlam Steel Plant (SAIL) pays stable salaries and bonuses to thousands of industrial employees. This regular flow of income increases local purStation Roading power, leading to high silver and gold demand during Dhanteras, Durga Puja, and the winter marriage seasons.

Ratlam Silver Rate Today: ₹2,75,664/kg ↑₹1,312 — 1g, 10g & 1kg Live Price

Live silver price today in Ratlam, Madhya Pradesh. Check 100% verified retail rates for 1kg, 100g, & 10g weights from Sector 4 and Station Road markets.

Quick Answer: Live Silver Price

100% Verified

Today on 16 September 2026, the live silver rate in Ratlam is ₹2,75,664 per kilogram. For smaller quantities, the price of 10 grams of silver is ₹2756.64, and 100 grams is ₹27,566.4. Compared to yesterday, the price of silver has increased by ₹1,312 per kg (0.48% ).

Last Updated: 15 Sept 2026 (09:51 pm)

1 Gram Silver₹275.66

10 Grams Silver₹2757

1 Kilogram (1 Kg)₹2,75,664

Change vs Yesterday+₹1,312 (+0.48%)

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Silver Purity Matrix - Ratlam Today

Purity Level	Per 10 Grams (₹)	Per 1 Kilogram (₹)
Fine Silver (99.9% Purity)Standard for coins, bars, and industrial applications	₹2756.64	₹2,75,664
Sterling Silver (92.5% Purity)Standard purity for silverware, ornaments, and chains	₹2549.89	₹2,54,989
Coin Silver (90.0% Purity)Traditional ornaments and heritage coins	₹2480.98	₹2,48,098

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 Ratlam: Famous Bullion Guide

Ratlam is historically renowned across India for its gold and silver purity and its unique Manek Chowk market. Ratlam's bullion market is a major wholesale hub serving Central India with high-quality silver ornaments.

Key Jewelry Locations

When purStation Roading physical jewelry or coins in Ratlam, residents visit these locations:

Manek Chowk Sarafa Ratlam: Lined with traditional jewelers who craft custom silver ornaments.
Ratlam Station Road Showrooms: Modern stores that feature certified hallmarked silver coins and designer silver articles.

Why Prices Vary Locally

Ratlam silver prices are determined daily by the Ratlam Bullion Association, added with Madhya Pradesh GST and local transport.

Silver Price in Madhya Pradesh vs Ratlam Price Comparison

The silver price in Madhya Pradesh can fluctuate across different towns and regions due to local freight charges and distribution fees. Retail markets in Ratlam offer competitive rates aligned with national bullion trends.

Ratlam Silver Price Today for Different Weights (10g, 100g, 1kg)

Most silver buyers in Ratlam search for specific weights depending on their investment goals or ornamental requirements. Buyers usually track **silver rate today in ratlam 1kg** for bars, or **silver price today ratlam 100 gram** for ornaments.

Investing in Digital Silver (MMTC-PAMP, SafeGold, and Augmont)

To avoid physical storage risks and making charges in Ratlam, digital silver is an excellent modern option. You can buy 99.9% pure certified digital silver through platforms like **MMTC-PAMP** and **SafeGold** with ease.

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