Silver Rate in Bhopal Today
17 March 2026
📈 30-Day Price History — Bhopal
📋 Silver Rates by Weight — Bhopal
| Weight | Today (₹) | Yesterday (₹) | Change |
|---|---|---|---|
| 1 Gram | ₹280.25 | ₹279.89 | ▲ ₹0.36 (0.13%) |
| 8 Grams | ₹2,242.00 | ₹2,239.12 | ▲ |
| 10 Grams | ₹2,802.50 | ₹2,798.90 | ▲ |
| 100 Grams | ₹28,025.00 | ₹27,989.00 | ▲ |
| 1 Kilogram | ₹280,250.00 | ₹279,890.00 | ▲ |
| 1 Tola (11.66g) | ₹3,268.78 | ₹3,264.58 | ▲ |
| 1 Troy Ounce (31.1g) | ₹8,716.76 | ₹8,705.56 | ▲ |
🔍 Expert Market Analysis
🧮 Silver Price Calculator — Bhopal
* Indicative at ₹280.25/gram in Bhopal. Excludes GST & making charges.
❓ Frequently Asked Questions
Today's silver rate in Bhopal is ₹280.25 per gram and ₹280,250.00 per kilogram as of 17 March 2026. The price has increased by ₹0.36 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 Bhopal — Complete Guide 17 March 2026
Silver prices in Bhopal are influenced by global commodity markets, the LBMA fix, and India's MCX. The current rate of ₹280.25/gram in Bhopal reflects international spot prices and local factors in Madhya Pradesh.
How is Silver Price Determined in Bhopal?
Silver price is derived from international USD spot price converted to INR, plus import duties (15%), GST (3%), and logistics from major hubs to Bhopal.
Best Places to Buy Silver in Bhopal
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 Madhya Pradesh
Silver has been a trusted store of value in Madhya Pradesh for centuries. Growing industrial demand from solar panels, EVs, and electronics adds to the traditional jewelry investment case.
Silver Price Range This Week in Bhopal
This week, silver in Bhopal has traded between ₹278.59 and ₹284.78 per gram — a range of ₹6.19/gram, reflecting current market volatility.
📊 Market Summary
Today, the price of silver in Bhopal stands at ₹280.25 per gram (₹280,250 per kilogram), marking a slight rise of ₹0.36 per gram from yesterday, reflecting a 0.13% increase.
💡 Expert Insight
Global drivers include the USD/INR exchange rate, which can impact the affordability of silver for Indian buyers, and the Federal Reserve's monetary policy, which influences gold and silver prices. Additionally, growing demand from solar and electric vehicle sectors is supporting silver prices.
🛒 Buyer's Guide
For Bhopal-based buyers, it's advisable to purchase from trusted sources to ensure the authenticity of the silver. The BIS hallmark is crucial for verifying the purity. Considering investments, physical silver may offer higher liquidity compared to ETFs, but both have their advantages depending on individual investment goals.