Silver Price Today in Pune

Today's silver price in Pune is ₹233.5 per gram and ₹2,33,500 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.

Pune's Laxmi Road silver merchants serve a market shaped by Maharashtra's strong tradition of silver 'puja' items and the 'Tanmani'-adjacent silver anklets worn alongside gold bridal sets.

Maharashtrian households buy silver 'payal' and 'kamarpatta' for children, and silver coins are a customary gift at Ganesh Chaturthi and Diwali. Pune's silver vessel trade caters strongly to housewarming ('vastu shanti') gift demand.

Buying tip: Pune's silver rates track Mumbai closely under the same Maharashtra VAT structure. For investment-grade silver, coins from nationalised banks are a safer bet than ornamental pieces, which carry variable making charges across Laxmi Road shops.

Silver prices in Pune include Maharashtra 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.