Silver Price Today in Lucknow

Today's silver price in Lucknow is ₹233.1 per gram and ₹2,33,100 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.

Lucknow's Aminabad and Chowk silver traders serve a market shaped by Awadhi craftsmanship, including fine silver 'zardozi'-adjacent ornamental work and traditional silverware.

Lucknow's Hindu households buy silver coins and idols at Dhanteras and Diwali, while the city's Muslim community uses silverware extensively for wedding gifting, a custom rooted in Nawabi-era hospitality traditions.

Buying tip: Lucknow offers some of the more affordable silver craftsmanship rates in North India due to lower making charges. UP's moderate state taxes also help keep bullion-grade silver coins and bars price-competitive against Delhi.

Silver prices in Lucknow include Uttar Pradesh 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.