Silver Price Today in Bhubaneswar

Today's silver price in Bhubaneswar is ₹233.4 per gram and ₹2,33,400 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.

Bhubaneswar and nearby Cuttack are home to India's most famous silver filigree craft, 'Tarakasi' — intricate wirework jewellery and decorative items recognised with a Geographical Indication (GI) tag, made almost entirely in pure silver.

Odisha's Tarakasi silver filigree is used for jewellery boxes, idols, and decorative showpieces, distinct from the state's gold traditions. Nuakhai and Raja Parba are occasions when Odiya households purchase Tarakasi silverware as both gifts and investment pieces.

Buying tip: Cuttack remains the authentic source for genuine Tarakasi silver filigree — buying directly from registered Cuttack artisans or GI-certified retailers in Bhubaneswar ensures you're getting hand-crafted work rather than machine-made imitations.

Silver prices in Bhubaneswar include Odisha 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.