Silver Price Today in Ahmedabad

Today's silver price in Ahmedabad is ₹233.3 per gram and ₹2,33,300 per kg for 999 fine silver. Prices are updated daily based on MCX silver futures and international LBMA spot rates, including applicable duties and GST.

Ahmedabad's Manek Chowk handles a significant silver coin and utensil trade alongside its famous gold bazaar, with Gujarat's Jain and Vaishnav communities driving strong demand for silver ritual items.

Gujarati households gift silver coins and 'Shree' idols during Diwali's Sharad Purnima and Dhanteras. Silver 'kandora' (waist chains) for infants and silver utensils for new brides are long-standing Gujarati customs distinct from gold gifting.

Buying tip: Ahmedabad's silver utensil sets are typically cheaper than in Mumbai due to lower retail overheads at Manek Chowk. Gujarat's moderate taxation also keeps silver bar and coin prices competitive for investment buyers.

Silver prices in Ahmedabad include Gujarat state taxes and local dealer margins. GST of 3% is applicable on all silver purchases in India. For 925 sterling silver (used in most jewellery), the price per gram is approximately 7.5% lower than 999 fine silver. Always check for BIS hallmarking when buying silver jewellery.