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 | ₹284.94 | ▼ ₹1.05 (0.37%) |
| 8 Grams | ₹2,271.12 | ₹2,279.52 | ▼ |
| 10 Grams | ₹2,838.90 | ₹2,849.40 | ▼ |
| 100 Grams | ₹28,389.00 | ₹28,494.00 | ▼ |
| 1 Kilogram | ₹283,890.00 | ₹284,940.00 | ▼ |
| 1 Tola (11.66g) | ₹3,311.24 | ₹3,323.48 | ▼ |
| 1 Troy Ounce (31.1g) | ₹8,829.97 | ₹8,862.63 | ▼ |
🔍 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 decreased by ₹1.05 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 ₹279.10 and ₹287.31 per gram — a range of ₹8.21/gram, reflecting current market volatility.
📊 Market Summary
Today, the price of silver in Port Blair stands at ₹283.89 per gram (₹283,890 per kilogram), marking a slight fall of ₹1.05 per gram (0.37%) from yesterday's rate.
💡 Expert Insight
The recent decline in silver prices in Port Blair is influenced by global factors such as the strengthening USD/INR exchange rate and the Federal Reserve's monetary policy decisions. Additionally, the growing demand for silver in solar and electric vehicle applications continues to be a key driving force in the market.
🛒 Buyer's Guide
When buying silver in Port Blair, it is advisable to choose reputable dealers that adhere to the BIS hallmark standards for quality assurance. Investors may also consider physical silver over ETFs due to the current market dynamics and the ability to hold and store the metal directly.