Silver Rate in Kavaratti Today
17 March 2026
📈 30-Day Price History — Kavaratti
📋 Silver Rates by Weight — Kavaratti
| Weight | Today (₹) | Yesterday (₹) | Change |
|---|---|---|---|
| 1 Gram | ₹284.72 | ₹285.49 | ▼ ₹0.77 (0.27%) |
| 8 Grams | ₹2,277.76 | ₹2,283.92 | ▼ |
| 10 Grams | ₹2,847.20 | ₹2,854.90 | ▼ |
| 100 Grams | ₹28,472.00 | ₹28,549.00 | ▼ |
| 1 Kilogram | ₹284,720.00 | ₹285,490.00 | ▼ |
| 1 Tola (11.66g) | ₹3,320.92 | ₹3,329.90 | ▼ |
| 1 Troy Ounce (31.1g) | ₹8,855.79 | ₹8,879.74 | ▼ |
🔍 Expert Market Analysis
🧮 Silver Price Calculator — Kavaratti
* Indicative at ₹284.72/gram in Kavaratti. Excludes GST & making charges.
❓ Frequently Asked Questions
Today's silver rate in Kavaratti is ₹284.72 per gram and ₹284,720.00 per kilogram as of 17 March 2026. The price has decreased by ₹0.77 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 Kavaratti — Complete Guide 17 March 2026
Silver prices in Kavaratti are influenced by global commodity markets, the LBMA fix, and India's MCX. The current rate of ₹284.72/gram in Kavaratti reflects international spot prices and local factors in Lakshadweep.
How is Silver Price Determined in Kavaratti?
Silver price is derived from international USD spot price converted to INR, plus import duties (15%), GST (3%), and logistics from major hubs to Kavaratti.
Best Places to Buy Silver in Kavaratti
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 Lakshadweep
Silver has been a trusted store of value in Lakshadweep for centuries. Growing industrial demand from solar panels, EVs, and electronics adds to the traditional jewelry investment case.
Silver Price Range This Week in Kavaratti
This week, silver in Kavaratti has traded between ₹281.21 and ₹287.31 per gram — a range of ₹6.10/gram, reflecting current market volatility.
📊 Market Summary
The price of silver in Kavaratti today stands at ₹284.72/gram (₹284,720/kg), down by ₹0.77/gram (0.27%) from the previous day.
💡 Expert Insight
The decline in silver prices is influenced by the strengthening of the USD/INR exchange rate and expectations of accommodative Fed policies. Additionally, the ongoing demand for silver in solar and electric vehicle applications continues to be a key supportive factor.
🛒 Buyer's Guide
For investors in Kavaratti, it's advisable to consider the BIS hallmark for purity and reliability. When deciding between physical silver and ETFs, consider factors such as transaction costs and control over the metal, with ETFs offering liquidity and lower storage costs.