Nagaland · 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 |
Today, the silver price in Kohima witnessed a rise of Rs.1.43/gram, reaching Rs.247.45/gram, reflecting a 0.58% increase. This rise is predominantly attributed to rising global demand and strengthening international silver prices, which have been driven by factors such as the US Federal Reserve's hawkish stance and the stronger US Dollar. The local market sentiment is cautiously optimistic, with traders and consumers expecting further price movements influenced by upcoming festivals and the impact of the monsoon on agricultural output and supply chain disruptions.
The rise in silver prices in Kohima is closely tied to global macroeconomic factors. The US Federal Reserve's interest rate hikes are expected to strengthen the US Dollar, making silver more attractive to international buyers. The USD/INR exchange rate has been positively influencing local prices, as a stronger dollar increases the cost of imported silver. Additionally, COMEX trends indicate a growing demand for silver, driven by both industrial and investment purposes. In India, the MCX silver prices are closely correlated with global trends, while the Indian Bank Interest Rate on Jewelry (IBJA) is slightly influencing consumer behavior. Festive demand and import duties also play a role, with the monsoon outlook potentially affecting silver supply and demand dynamics.
For local consumers in Kohima, it is advisable to buy from certified jewelers that adhere to BIS hallmark standards to ensure the purity of the silver. Investing in silver can be a prudent strategy, especially considering the current price trends. Investors can also consider purchasing silver ETFs, which offer a convenient and secure way to invest in silver without the need for physical possession. When buying physical silver, consumers should compare prices across different sellers, consider the quality of the product, and ensure they are getting a fair deal. For paper silver, it is important to choose a reputable platform or broker to mitigate risks associated with digital transactions.
To securely buy physical silver or paper silver in Kohima, follow these steps: First, research and identify a reputable jeweler or silver dealer that adheres to BIS hallmark standards. Secondly, either visit the physical store or contact them for online options. Thirdly, compare prices and ensure you understand the purity and weight of the silver. For paper silver, choose a well-known and trustworthy platform for online purchases. Lastly, complete the transaction securely, either in person or via a secure digital payment method, and verify the details of your purchase to ensure it meets your requirements.