Gujarat · 28 October 2026 · 12:19 AM IST
| Weight | Base Price | Incl. GST (3%) | 925 Sterling |
|---|---|---|---|
| 1 Gram | ₹219.34 | ₹225.92 | ₹202.89 |
| 5 Grams | ₹1,096.70 | ₹1,129.60 | ₹1,014.45 |
| 10 Grams | ₹2,193.40 | ₹2,259.20 | ₹2,028.90 |
| 1 Tola (11.66g) | ₹2,558.34 | ₹2,635.09 | ₹2,366.46 |
| 100 Grams | ₹21,934.00 | ₹22,592.02 | ₹20,288.95 |
| 500 Grams | ₹109,670.00 | ₹112,960.10 | ₹101,444.75 |
| 1 Kilogram | ₹219,340 | ₹225,920 | ₹202,890 |
| 1 Troy Oz | ₹6,822.24 | ₹7,026.91 | ₹6,310.57 |
Today, silver prices in Ahmedabad witnessed a notable increase of Rs.1.05/gram, setting a new daily high at Rs.219.34/gram. This rise can be attributed to local festive demand and a recent strengthening of the Indian currency against the US dollar. Local market sentiment remains positive, with a continued interest in physical silver purchases for both investment and traditional uses.
Global macroeconomic drivers are playing a significant role in today's price movements. The strengthening of the USD/INR exchange rate has made silver more expensive for Indian buyers, which could act as a deterrent to physical purchases. Additionally, the US Federal Reserve's tightening monetary policy could reduce global demand for silver as a safe-haven asset. However, local factors such as the Indian Bullion and Jewellers Association (IBJA) rates and festive demand are supporting the price. The upcoming monsoon season is expected to have a positive impact on agricultural output, which could indirectly support silver prices through stronger rural incomes and higher festive demand.
For local consumers in Ahmedabad, it's advisable to consider both physical and paper silver options. Physical silver ensures immediate possession and intrinsic value but is subject to local tax and duty impacts. Paper silver, or silver ETFs, offers a safer investment avenue with lower transaction costs and higher liquidity. Always ensure that silver is BIS (Bureau of Indian Standards) hallmarked to guarantee purity. For long-term investment, diversifying into silver ETFs can be a prudent strategy, providing exposure without the physical storage and security concerns.
To securely buy physical silver in Ahmedabad, first, choose a reputable dealer or a recognized bullion shop. Verify their credentials and ensure they offer BIS hallmarked silver. For buying paper silver, open an account with a trusted broker or directly through a silver ETF provider. Secure the transaction through a secure payment gateway and ensure that the delivery process is transparent and secure. For both options, always keep the documentation and proof of purchase for future reference.