Mizoram · 16 September 2026 · 12:17 AM IST
| Weight | Base Price | Incl. GST (3%) | 925 Sterling |
|---|---|---|---|
| 1 Gram | ₹247.69 | ₹255.12 | ₹229.11 |
| 5 Grams | ₹1,238.45 | ₹1,275.60 | ₹1,145.57 |
| 10 Grams | ₹2,476.90 | ₹2,551.21 | ₹2,291.13 |
| 1 Tola (11.66g) | ₹2,889.01 | ₹2,975.68 | ₹2,672.33 |
| 100 Grams | ₹24,769.00 | ₹25,512.07 | ₹22,911.33 |
| 500 Grams | ₹123,845.00 | ₹127,560.35 | ₹114,556.62 |
| 1 Kilogram | ₹247,690 | ₹255,121 | ₹229,113 |
| 1 Troy Oz | ₹7,704.03 | ₹7,935.15 | ₹7,126.23 |
Today, the silver price in Aizawl fell by Rs.1.36/gram to Rs.247.69/gram, following a downward trend observed in international markets and influenced by a stronger USD/INR exchange rate. This price drop has been partially attributed to reduced demand during the festive season and uncertainty in the Indian monsoon outlook, which has dampened agricultural output and industrial demand. Meanwhile, local market sentiment is cautious, with traders monitoring the ongoing MCX price movements and the Reserve Bank of India's (RBI) interest rate decisions, which could impact borrowing costs and investment in precious metals.
Global macroeconomic drivers, such as the USD/INR exchange rate, remain a key factor influencing silver prices in Aizawl. A stronger USD tends to weaken the appeal of silver as a safe-haven asset for Indian investors, particularly when the exchange rate is unfavorable. Additionally, US Federal Reserve interest rate hikes can dampen inflation expectations and reduce demand for physical silver. However, domestic factors, including the Current Market Conditions (CMC) on the Multi Commodity Exchange (MCX), the Indian Bullion and Jewellers Association (IBJA) rates, and the potential impact of import duties, continue to shape local silver prices. The monsoon outlook, which affects agricultural sector output, can also influence industrial silver demand, creating a complex interplay of factors affecting price movements.
For local consumers in Aizawl, it is advisable to consider purchasing silver from trusted dealers who adhere to BIS hallmark standards to ensure the purity and quality of the metal. Investors should also explore diversified investment strategies, such as silver ETFs, to manage risk and benefit from market fluctuations. Physical silver can be bought through authorized bullion shops or online platforms, while paper silver (futures contracts) can be traded on the MCX. It is important to conduct thorough research and consult financial advisors to determine the most suitable options based on individual investment goals and market conditions.
To securely buy physical silver or paper silver in Aizawl, start by researching reputable dealers and bullion shops that adhere to BIS hallmark standards for physical silver. For paper silver, open an account with a regulated broker or exchange platform such as the MCX. Ensure you understand the purchase and delivery processes, including any associated fees. For physical purchases, visit a trusted dealer with identification and prepare for the transaction. For paper silver, follow the online trading platform’s instructions to place and execute trades. Always verify the authenticity and purity of the silver and keep detailed records of your transactions for future reference.