Silver Price Calculator

Calculate silver value by weight in grams, kg, or tola. Includes GST, making charges for silverware, and gold-to-silver ratio analysis.

Silver Price Calculator

Silver value by weight with GST, making charges, and gold-silver ratio

Silver rate (per kg) Rs 90,000/kg

Rs 40KRs 2L

Rs/kg

Weight 100 gram

110,000

Unit

Making charges 10%

0%30%

Gold rate (for ratio) Rs 7,200/g

Rs 4KRs 15K

Rs/g

Include GST (3% silver + 5% making)

Total silver cost

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incl. making + GST

Pure silver value

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at 999 purity

Gold:Silver ratio

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current ratio

Weight---

Purity---

Silver value---

Making charges---

GST---

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Gold:Silver ratio---

Silver value vs making and GST

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Rates and regulations are indicative. Verify current rules with your bank, SEBI, or tax advisor before transacting.

Silver value at different weights

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ThriftRupee Insight

Silver is the most volatile precious metal — it can swing 20–30% in a year. The gold-to-silver ratio (how many ounces of silver buy one ounce of gold) historically averages 65–80. When the ratio exceeds 90, silver is considered undervalued relative to gold. In 2020, the ratio hit 125 before silver surged 140%. Watch this ratio as a signal for silver's relative value.

Frequently asked questions

What GST applies on silver purchase in India?▼

Silver attracts 3% GST on the silver value and 5% GST on making charges for silverware. Silver coins and bars used as investment also attract 3% GST. Unlike gold, there is no hallmarking requirement for silver, but reputed sellers provide purity certificates. 999 fine silver is 99.9% pure.

What is the gold-to-silver ratio?▼

The gold-to-silver ratio is the number of ounces of silver needed to buy one ounce of gold. If gold is Rs 7,200/g and silver is Rs 90/g, the ratio is 80. Historically, a ratio above 80 suggests silver is cheap relative to gold; below 60 suggests silver is expensive. It's used by commodity traders to time switches between the two metals.

Is silver a good investment in India?▼

Silver serves dual roles — monetary metal and industrial commodity (solar panels, electronics). This dual demand can drive sharp price moves. Silver is more volatile than gold and more difficult to store in large quantities. For Indian retail investors, Silver ETFs and sovereign silver bonds (when available) offer cleaner exposure than physical silver. Physical silver has high making charges and purity risks.

Silver Price Calculator