Chhattisgarh · 15 September 2026 · 09:47 AM IST
| Weight | Base Price | Incl. GST (3%) | 925 Sterling |
|---|---|---|---|
| 1 Gram | ₹245.39 | ₹252.75 | ₹226.99 |
| 5 Grams | ₹1,226.95 | ₹1,263.76 | ₹1,134.93 |
| 10 Grams | ₹2,453.90 | ₹2,527.52 | ₹2,269.86 |
| 1 Tola (11.66g) | ₹2,862.18 | ₹2,948.05 | ₹2,647.52 |
| 100 Grams | ₹24,539.00 | ₹25,275.17 | ₹22,698.58 |
| 500 Grams | ₹122,695.00 | ₹126,375.85 | ₹113,492.88 |
| 1 Kilogram | ₹245,390 | ₹252,752 | ₹226,986 |
| 1 Troy Oz | ₹7,632.49 | ₹7,861.46 | ₹7,060.05 |
Today's rise in the silver price in Raipur to Rs.245.39/gram, up by Rs.0.65/gram, reflects both domestic and global market sentiments. Local factors, such as the festive season and anticipated higher demand, are boosting prices, while international factors like stronger USD/INR exchange rates and rising US Fed interest rates are exerting upward pressure on precious metals. The market sentiment remains positive, with both domestic and international demand factors playing a significant role.
The recent rise in silver prices in Raipur is influenced by both US macroeconomic factors and Indian domestic factors. The US Federal Reserve's tightening monetary policy, indicated by higher interest rates, strengthens the dollar, making silver more expensive for Indian buyers due to the current USD/INR exchange rate. Additionally, robust international demand for precious metals contributes to price increases. Domestically, factors such as higher MCX prices and the upcoming festive season are driving consumer demand, which, coupled with reduced import duties, further boost local prices. However, the monsoon outlook could potentially impact supply and demand dynamics in the coming months.
For local consumers in Raipur, it's crucial to consider BIS hallmark standards when purchasing physical silver to ensure purity and authenticity. Investing in silver can be a strategic move, especially during times of market volatility. Exploring paper silver options and ETFs can provide flexibility and diversification. It's advisable to monitor market trends and make informed decisions based on the latest information, ensuring that investments align with personal financial goals.
To securely buy silver in Raipur, start by researching trusted local dealers and suppliers. Verify that the silver is BIS hallmark certified. For physical silver, visit a reputable store and ask for certifications. For paper silver or ETFs, open an account with a trusted financial institution or brokerage. Ensure that transactions are conducted through secure channels and that you understand the associated costs and terms. Lastly, stay informed about market movements and consider diversifying your investment portfolio.