Silver Rate in Bhopal Today
17 March 2026
📈 30-Day Price History — Bhopal
📋 Silver Rates by Weight — Bhopal
| Weight | Today (₹) | Yesterday (₹) | Change |
|---|---|---|---|
| 1 Gram | ₹280.25 | ₹279.93 | ▲ ₹0.32 (0.11%) |
| 8 Grams | ₹2,242.00 | ₹2,239.44 | ▲ |
| 10 Grams | ₹2,802.50 | ₹2,799.30 | ▲ |
| 100 Grams | ₹28,025.00 | ₹27,993.00 | ▲ |
| 1 Kilogram | ₹280,250.00 | ₹279,930.00 | ▲ |
| 1 Tola (11.66g) | ₹3,268.78 | ₹3,265.05 | ▲ |
| 1 Troy Ounce (31.1g) | ₹8,716.76 | ₹8,706.80 | ▲ |
🔍 Expert Market Analysis
🧮 Silver Price Calculator — Bhopal
* Indicative at ₹280.25/gram in Bhopal. Excludes GST & making charges.
❓ Frequently Asked Questions
Today's silver rate in Bhopal is ₹280.25 per gram and ₹280,250.00 per kilogram as of 17 March 2026. The price has increased by ₹0.32 vs yesterday.
SilverJi.in updates silver prices every hour automatically. MCX also updates silver futures live during market hours (9 AM–11:30 PM IST).
Silver prices vary city-to-city due to local VAT/GST, transportation costs, jeweler margins, and state-specific duties.
999 fine silver means 99.9% purity — investment-grade standard. Jewelry silver is typically 925 sterling (92.5% pure). Always look for BIS hallmarks when buying in India.
GST on silver in India is 3% on metal value. Making charges attract 5% GST. Ensure your bill shows metal value, making charges, and GST separately.
Silver ETFs offer paper investment without storage costs. Physical BIS-hallmarked bars/coins suit long-term holders. Always consult a SEBI-registered advisor before investing.
🏙 Silver Rates in Other Cities Today
Silver Rate in Bhopal — Complete Guide 17 March 2026
Silver prices in Bhopal are influenced by global commodity markets, the LBMA fix, and India's MCX. The current rate of ₹280.25/gram in Bhopal reflects international spot prices and local factors in Madhya Pradesh.
How is Silver Price Determined in Bhopal?
Silver price is derived from international USD spot price converted to INR, plus import duties (15%), GST (3%), and logistics from major hubs to Bhopal.
Best Places to Buy Silver in Bhopal
Buy from BIS-hallmarked jewelers, bank branches (SBI, HDFC, ICICI), reputed chains, or Silver ETFs for paper investment. Always demand a bill with purity, weight, rate, and GST breakup.
Silver as Investment in Madhya Pradesh
Silver has been a trusted store of value in Madhya Pradesh for centuries. Growing industrial demand from solar panels, EVs, and electronics adds to the traditional jewelry investment case.
Silver Price Range This Week in Bhopal
This week, silver in Bhopal has traded between ₹278.00 and ₹283.24 per gram — a range of ₹5.24/gram, reflecting current market volatility.
📊 Market Summary
Today, silver in Bhopal is trading at ₹280.25/gram (₹280,250/kg), up by ₹0.32/gram (0.11%) from yesterday's price.
💡 Expert Insight
Global drivers for silver include the USD/INR exchange rate, which impacts the cost of imports in India, and Federal Reserve policy, which influences the overall economic climate. Additionally, the growing demand from the solar and electric vehicle sectors is also contributing to the upward trend in silver prices.
🛒 Buyer's Guide
When purchasing silver in Bhopal, it is advisable to buy from reputable dealers who adhere to the Bureau of Indian Standards (BIS) hallmarking for authenticity. Investors may also consider ETFs for diversification, but physical silver offers tangible possession and hedge against inflation.