Silver Price Today in Kochi

Today's silver price in Kochi is ₹233.9 per gram and ₹2,33,900 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.

Kochi and the nearby Thrissur gold-silver corridor handle some of India's highest silver retail volumes, driven by Kerala's broader culture of precious-metal investment across both gold and silver.

Kerala households traditionally use silver 'kolusu' (anklets) for daily wear and silver lamps ('nilavilakku') for households and temples — silver lamps are considered essential, not optional, in Malayali homes. Onam and Vishu are major silver-buying occasions alongside gold.

Buying tip: Kochi and Thrissur's intense competition among jewellers keeps silver lamp and vessel prices reasonable despite high demand. NRI buyers often prefer duty-paid silver coins from Kerala airports for guaranteed purity over local retail stock.

Silver prices in Kochi include Kerala 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.