Silver Price Today in Surat

Today's silver price in Surat is ₹233.3 per gram and ₹2,33,300 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.

Surat's textile and zari (silver/gold thread) industry has historically used fine silver wire, giving the city a unique silver-processing trade alongside its retail silver and diamond-jewellery market on Varachha Road.

Surat's Gujarati and Jain communities follow the same Dhanteras and Diwali silver-coin gifting customs as Ahmedabad, while the city's textile artisans have a long association with silver and gold zari threadwork used in traditional sarees.

Buying tip: Surat's zari industry connection means silver wire and thread products are uniquely available here at competitive rates. For plain bullion, Gujarat's moderate tax structure keeps Surat's silver coin prices in line with Ahmedabad.

Silver prices in Surat include Gujarat 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.