Silver Rate in Daman Today
17 March 2026
📈 30-Day Price History — Daman
📋 Silver Rates by Weight — Daman
| Weight | Today (₹) | Yesterday (₹) | Change |
|---|---|---|---|
| 1 Gram | ₹279.13 | ₹278.53 | ▲ ₹0.60 (0.22%) |
| 8 Grams | ₹2,233.04 | ₹2,228.24 | ▲ |
| 10 Grams | ₹2,791.30 | ₹2,785.30 | ▲ |
| 100 Grams | ₹27,913.00 | ₹27,853.00 | ▲ |
| 1 Kilogram | ₹279,130.00 | ₹278,530.00 | ▲ |
| 1 Tola (11.66g) | ₹3,255.72 | ₹3,248.72 | ▲ |
| 1 Troy Ounce (31.1g) | ₹8,681.92 | ₹8,663.26 | ▲ |
🔍 Expert Market Analysis
🧮 Silver Price Calculator — Daman
* Indicative at ₹279.13/gram in Daman. Excludes GST & making charges.
❓ Frequently Asked Questions
Today's silver rate in Daman is ₹279.13 per gram and ₹279,130.00 per kilogram as of 17 March 2026. The price has increased by ₹0.60 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 Daman — Complete Guide 17 March 2026
Silver prices in Daman are influenced by global commodity markets, the LBMA fix, and India's MCX. The current rate of ₹279.13/gram in Daman reflects international spot prices and local factors in Dadra & Nagar Haveli and Daman & Diu.
How is Silver Price Determined in Daman?
Silver price is derived from international USD spot price converted to INR, plus import duties (15%), GST (3%), and logistics from major hubs to Daman.
Best Places to Buy Silver in Daman
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 Dadra & Nagar Haveli and Daman & Diu
Silver has been a trusted store of value in Dadra & Nagar Haveli and Daman & Diu for centuries. Growing industrial demand from solar panels, EVs, and electronics adds to the traditional jewelry investment case.
Silver Price Range This Week in Daman
This week, silver in Daman has traded between ₹277.24 and ₹281.32 per gram — a range of ₹4.08/gram, reflecting current market volatility.
📊 Market Summary
Today in Daman, the price of silver is ₹279.13 per gram (₹279,130 per kg), marking a 0.22% increase from yesterday's rate.
💡 Expert Insight
Global drivers such as the USD/INR exchange rate and Federal Reserve policy continue to influence silver prices. Additionally, the growing demand for silver in the solar and electric vehicle sectors is expected to drive further growth in the metal's value.
🛒 Buyer's Guide
For buyers in Daman, it's advisable to choose silver with the BIS hallmark to ensure quality and authenticity. Considering the choice between ETFs and physical silver, investors might lean towards physical silver for its tangible ownership and potential long-term storage benefits, while ETFs offer liquidity and easier access for those who prefer a more liquid investment option.