Silver Rate in Port Blair Today
17 March 2026
📈 30-Day Price History — Port Blair
📋 Silver Rates by Weight — Port Blair
| Weight | Today (₹) | Yesterday (₹) | Change |
|---|---|---|---|
| 1 Gram | ₹283.89 | ₹283.56 | ▲ ₹0.33 (0.12%) |
| 8 Grams | ₹2,271.12 | ₹2,268.48 | ▲ |
| 10 Grams | ₹2,838.90 | ₹2,835.60 | ▲ |
| 100 Grams | ₹28,389.00 | ₹28,356.00 | ▲ |
| 1 Kilogram | ₹283,890.00 | ₹283,560.00 | ▲ |
| 1 Tola (11.66g) | ₹3,311.24 | ₹3,307.39 | ▲ |
| 1 Troy Ounce (31.1g) | ₹8,829.97 | ₹8,819.71 | ▲ |
🔍 Expert Market Analysis
🧮 Silver Price Calculator — Port Blair
* Indicative at ₹283.89/gram in Port Blair. Excludes GST & making charges.
❓ Frequently Asked Questions
Today's silver rate in Port Blair is ₹283.89 per gram and ₹283,890.00 per kilogram as of 17 March 2026. The price has increased by ₹0.33 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 Port Blair — Complete Guide 17 March 2026
Silver prices in Port Blair are influenced by global commodity markets, the LBMA fix, and India's MCX. The current rate of ₹283.89/gram in Port Blair reflects international spot prices and local factors in Andaman & Nicobar.
How is Silver Price Determined in Port Blair?
Silver price is derived from international USD spot price converted to INR, plus import duties (15%), GST (3%), and logistics from major hubs to Port Blair.
Best Places to Buy Silver in Port Blair
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 Andaman & Nicobar
Silver has been a trusted store of value in Andaman & Nicobar for centuries. Growing industrial demand from solar panels, EVs, and electronics adds to the traditional jewelry investment case.
Silver Price Range This Week in Port Blair
This week, silver in Port Blair has traded between ₹281.63 and ₹288.48 per gram — a range of ₹6.85/gram, reflecting current market volatility.
📊 Market Summary
Today in Port Blair, the silver price is ₹283.89 per gram, a slight rise of ₹0.33 from yesterday, indicating a 0.12% increase in the market value.
💡 Expert Insight
Global drivers such as the USD/INR exchange rate and the Federal Reserve's monetary policy continue to influence silver prices. Additionally, the demand for solar panels and electric vehicles is also contributing to the positive sentiment in the silver market.
🛒 Buyer's Guide
For residents in Port Blair looking to buy silver, it's advisable to consider purchasing from reputable sources to ensure authenticity. The Bureau of Indian Standard (BIS) hallmark is a crucial indicator of purity, and investors might also consider diversifying their portfolio by exploring silver ETFs in addition to physical silver holdings.