
Silver Rate Today in Hyderabad (29 Oct 2026)



Today's Silver Rate in Hyderabad
The silver rate today in Hyderabad (October 29, 2026) is ₹1,95,667 for 1 kg, ₹19,567 for 100 gms, and ₹1,957 for 10 gms.
Jewellery prices are usually higher than these rates because jewellers add 3% GST, making charges and their own markup.
If you want to buy Silver without jewellery markup, you can use Gold Vault by Dhan. You buy 999 purity Silver at live MCX rates with zero markup, it is stored safely in an insured vault, and you get it delivered to your home whenever you want. You can check the delivery cost for your location using our Gold Vault shipping rate calculator.
1 gm, 10 gm, 100 gm & 1 kg Silver Rate in Hyderabad

Silver Rate Trend in Hyderabad
Silver Rate Calculator
Current Silver Price
per gram · as on 29 Oct '26
₹196
Silver Quantity (grams)
Making Charges (%)
GST
3% on base price + 5% on making charges

Total price of 100 grams of silver in Hyderabad
₹22,208
Incl. making charges & GST
Base price (100 gms × ₹196)
₹19,567
Making charges (10%)
₹1,957
GST
₹685
Prices are indicative and based on today's silver rate in Hyderabad. Actual price may vary by jeweller.
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Last 6 Months Silver Rate in Hyderabad
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Things to Know About Silver Market in Hyderabad
- 1 Kg Silver: ₹0
- 100 Grams Silver: ₹0
- 1 Gram Silver: ₹NaN
- Industrial demand: Unlike gold, silver is a key industrial metal. The rapidly growing pharmaceutical and electronics production industries in Hyderabad (in Jeedimetla and Hi-Tech City) drive a consistent industrial demand for silver, thereby impacting prices.
- Global trends: Silver prices are largely driven by global spot prices (in USD/ounce). Generally, any appreciation in the US Dollar makes silver more expensive in Rupee terms.
- Geopolitical tensions: Trade wars or political instabilities in countries that are major silver producers (such as Mexico or Peru) create supply chain disruptions, resulting in higher prices for silver imports in cities like Hyderabad.
- Monsoons and rural demand: A substantial part of the demand for silver comes from rural Telangana. A good monsoon season increases rural incomes, and consequently, more silver anklets and jewellery are purchased.
- International benchmark adoption: Silver spot prices in Hyderabad are largely based on the LBMA and COMEX silver prices, which are regarded as international standards for silver prices.
- Currency conversion: International prices quoted in US dollars that are then converted to Indian rupees per gram at prevailing exchange rates.
- Import duty addition: The existing import duty of 6% on silver is added to the base price.
- Local premium adjustment: A small local premium is added to cover the transportation, storage and local market conditions.
- Import duty: 6% (this is already included in base costs).
- GST on the value of silver: 3%
- GST on making charges: ~5% on fabricated articles of silver, jewellery and decoration items.
- Making charges: These depend on the jeweller and the complexity of the design. Traditional pieces usually attract 10-40% of silver value, making charges for bars and coins lower.
- Hallmarking charges: ₹35 per article with a minimum of ₹150 per consignment as per BIS guidelines for physical purchases of silver.
- Long-term capital gains (LTCG): For silver investments held for 24 months or more, LTCG is taxed at 12.5%.
- Short-term capital gains (STCG): For investments made in silver for less than 24 months, STCG is taxed at the individual's applicable income tax slab rate.
- Short-term capital gains (STCG): For a holding period of less than 12 months, gains are added to total income and taxed based on individual income tax slab rates.
- Long-term capital gains (LTCG): For holding periods of 12 months or more, taxed at 12.5%.
- Cultural and traditional relevance: Silver has a tremendous cultural significance in Hyderabad, especially in traditional Telugu and Muslim weddings.
- Religious significance: Silver items are often bought for religious ceremonies, temple donations, and auspicious occasions.
- Affluent demographics: Hyderabad's booming IT sector, pharmaceutical industry and growing upper middle class have a strong consumer base with strong purchasing power for both silver jewellery and investment products.
- Investment culture shift: Apart from traditional jewellery, Hyderabadis are increasingly embracing modern forms of investment such as silver bars, silver coins, silver ETFs, and digital silver platforms.
- Industrial and institutional demand: The manufacturing sector in Hyderabad, such as electronics and pharmaceutical industries, creates industrial demand for silver in a range of applications.
- Demand detailed bills: The invoice should clearly state the weight, purity, making charges, GST components and hallmarking charges separately as per the Consumer Protection Act, 2019.
- Research current rates: Visit jewellers after checking spot prices from reliable sources. This knowledge is useful in negotiation.
- German Silver Scams: In a market such as Lad Bazar, many vendors sell German Silver or Nickel Silver. These are zero-silver alloys of copper, nickel and zinc, which resemble silver in appearance.
- Weight discrepancies: Make sure that semi-precious stones or enamel work are not weighed as silver. The weight of the stone should be subtracted from the total weight.
- Buyback policy: Request the store's buyback terms in writing.
- Pressure tactics: Legitimate jewellers don't pressure customers. High-pressure sales tactics can be an indicator that they are engaged in questionable practices.
- Dhanteras: It is considered the most auspicious day for purchasing precious metals in Hindu tradition.
- Diwali: The festival of lights, high purchases of silver for gifts, puja and investment.
- Akshaya Tritiya: Believed to be a day of prosperity and good fortune, this day marks a significant buying of precious metals all over India.
- Pushya Nakshatra: These auspicious days in the Hindu calendar are traditionally favoured for important purchases, including silver.
- Ugadi: The Telugu New Year is said to be highly auspicious for new purchases and investments in silver.
- Bonalu: This is a traditional Telangana festival, and auspicious for purchases of silver items for religious offerings.
- Bathukamma: The floral festival celebration time, which sees families making precious metals purchases.
- Bureau of Indian Standards (BIS): If buyers receive silver that doesn't meet claimed purity standards or lacks proper hallmarking, they can file complaints with BIS.
- Consumer Protection Act, 2019: This is an extensive legislation that protects buyers from unfair trade practices, defective products, and deficiencies in services.
- Department of Legal Metrology: If buyers suspect fraud or incorrect weighing or measurement, they can make complaints to the Controller of Legal Metrology, Telangana.
- Police Complaints: In cases of fraud, cheating or criminal breach of trust during silver buying and selling, buyers can file FIRs under relevant provisions of the Indian Penal Code at local police stations.
- GST authorities: For any problems with incorrect billing or evasion of taxes by sellers, buyers may complain to the GST authorities.
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