Silver Price Today in Coimbatore

Today's silver price in Coimbatore is ₹233.75 per gram and ₹2,33,750 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.

Coimbatore's Big Bazaar Street silver traders serve Tamil Nadu's strong silver vessel and anklet demand, with national chains like Tanishq and Kalyan also stocking dedicated silver collections in the city.

Coimbatore's Gounder and Chettiar communities follow Tamil Nadu's customary silver-anklet and silver-lamp gifting at weddings and during Aadi Pooram. Temple-style silver jewellery, distinct from gold temple jewellery, is also popular here.

Buying tip: Coimbatore's silver vessel prices are generally comparable to Chennai, with the city's manufacturing base keeping retail costs competitive. Diwali and Akshaya Tritiya schemes from major jewellers often apply to silver purchases too, not just gold.

Silver prices in Coimbatore include Tamil Nadu 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.