Manipur · 16 September 2026 · 12:17 AM IST
| Weight | Base Price | Incl. GST (3%) | 925 Sterling |
|---|---|---|---|
| 1 Gram | ₹247.20 | ₹254.62 | ₹228.66 |
| 5 Grams | ₹1,236.00 | ₹1,273.08 | ₹1,143.30 |
| 10 Grams | ₹2,472.00 | ₹2,546.16 | ₹2,286.60 |
| 1 Tola (11.66g) | ₹2,883.29 | ₹2,969.79 | ₹2,667.04 |
| 100 Grams | ₹24,720.00 | ₹25,461.60 | ₹22,866.00 |
| 500 Grams | ₹123,600.00 | ₹127,308.00 | ₹114,330.00 |
| 1 Kilogram | ₹247,200 | ₹254,616 | ₹228,660 |
| 1 Troy Oz | ₹7,688.79 | ₹7,919.45 | ₹7,112.13 |
Today, silver prices in Imphal witnessed a significant rise of Rs.0.61/gram, bringing the market rate to Rs.247.2/gram. This increase can be attributed to favorable global market conditions, including strong demand and a favorable USD/INR exchange rate, which supports the competitiveness of silver against other commodities. Additionally, local festive demand is expected to continue supporting prices, as many consumers consider silver as a preferred investment and gift during these periods.
Global macroeconomic factors, such as the US Federal Reserve's interest rate policies and the USD/INR exchange rate, play a crucial role in shaping silver prices in Imphal. A rising USD and tighter US monetary policies generally make silver more attractive as an alternative investment. The COMEX trends also indicate robust international demand for silver. However, local factors like MCX prices, IBJA rates, and domestic demand, particularly festive demand, are equally important. Import duties and the monsoon outlook also influence the availability and cost of silver, contributing to market dynamics.
Local consumers in Imphal are advised to purchase silver through reputable dealers who adhere to BIS hallmark standards to ensure the purity and authenticity of the silver. For those looking to invest, diversifying between physical silver and paper silver (ETFs) is recommended. Physical silver can be a tangible asset, while ETFs offer liquidity and ease of trading. It’s also prudent to monitor global and local market trends to make informed investment decisions.
To securely buy physical silver or paper silver in Imphal, follow these steps: First, research and select a reputable dealer or platform. Ensure they offer BIS-hallmarked silver to guarantee purity. Next, decide between physical silver (for storage and potential resale) or paper silver (ETFs, which are more liquid). Finally, complete the transaction through a secure payment method and verify receipt and purity of the silver before accepting delivery.