Arunachal Pradesh · 16 September 2026 · 12:17 AM IST
| Weight | Base Price | Incl. GST (3%) | 925 Sterling |
|---|---|---|---|
| 1 Gram | ₹247.45 | ₹254.87 | ₹228.89 |
| 5 Grams | ₹1,237.25 | ₹1,274.37 | ₹1,144.46 |
| 10 Grams | ₹2,474.50 | ₹2,548.74 | ₹2,288.91 |
| 1 Tola (11.66g) | ₹2,886.21 | ₹2,972.80 | ₹2,669.74 |
| 100 Grams | ₹24,745.00 | ₹25,487.35 | ₹22,889.12 |
| 500 Grams | ₹123,725.00 | ₹127,436.75 | ₹114,445.62 |
| 1 Kilogram | ₹247,450 | ₹254,874 | ₹228,891 |
| 1 Troy Oz | ₹7,696.56 | ₹7,927.46 | ₹7,119.32 |
The rise in silver prices in Itanagar today, from Rs.246.43/gram to Rs.247.45/gram, reflects a combination of global and local factors. Internationally, the US Federal Reserve's interest rate hike has led to a stronger US dollar, which typically increases demand for precious metals like silver. Domestically, the Indian Market Corporation Exchange (MCX) prices have also seen a slight upward movement, indicating increased interest among investors. Additionally, the monsoon outlook and festive demand, which are typically positive for gold and silver, are expected to further bolster demand in the upcoming months.
Global macroeconomic factors such as the strengthening US dollar and the US Federal Reserve's monetary policy are key drivers of silver price movements. The USD/INR exchange rate's appreciation makes silver more expensive for Indian buyers, potentially curbing demand. However, international demand for silver, driven by various industrial and technological applications, remains strong. In India, the impact of import duties and the fluctuating Indian Bullion and Jewellers' Association (IBJA) rates also play a significant role, although recent trends suggest a gradual stabilization. Domestic festive demand, especially around Diwali, is expected to drive prices higher, balancing out the negative effects of exchange rate pressures.
For local consumers in Itanagar, it is advisable to purchase silver from recognized and certified sources that adhere to BIS hallmark standards to ensure the purity and authenticity of the metal. Investing in silver can be a good strategy, considering its historical role as a hedge against inflation. Additionally, investors can consider purchasing silver ETFs, which offer a convenient way to gain exposure to the metal without the physical storage and insurance concerns. Regular monitoring of MCX prices and BIS hallmark standards is recommended to make informed decisions.
To securely buy physical silver or paper silver in Itanagar, start by choosing a reputable dealer or a trusted online platform that complies with the BIS hallmark standards. For physical silver, ensure the seller provides a certificate of authenticity and a receipt. For paper silver, carefully review the terms and conditions, including the management fees and the liquidity of the investment. Always consider the current market prices and your investment goals before making a purchase, and for physical silver, arrange for secure delivery and storage.