Silver Price Today in Hyderabad

Today's silver price in Hyderabad is ₹233.7 per gram and ₹2,33,700 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.

Hyderabad's Laad Bazaar and Sultan Bazaar carry silver anklets, bangles, and ornamental boxes alongside the city's famous gold and bangle trade, reflecting Telangana's mixed Hindu-Muslim silver consumption patterns.

Telugu households buy silver 'pavalu' (anklets) and silver 'Lakshmi' coins during Varalakshmi Vratam and Dhanteras. Hyderabadi silver filigree boxes and trays, influenced by Nizami-era craftsmanship, remain popular as wedding gifts.

Buying tip: Hyderabad's silver jewellery carries a craftsmanship premium for filigree and Nizami-style work, but plain silver coins and bars from registered dealers are priced close to the national base rate. Always ask for a separate purity certificate for ornamental silver.

Silver prices in Hyderabad include Telangana 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.