Silver Rate Today in Maharashtra: 1KG, 100g & 10g Chandi Ka Bhav
Last Updated: 07:08 pm IST•Official Source: Bombay Bullion Association (BBA) & Kolhapur Silver Guild
Quick Market Highlights — Maharashtra Silver Rate (16 Aug 2026)
Silver rate in Maharashtra today is calculated per kilogram based on MCX spot futures, 3% GST, and local logistics. Kolhapur (Hupari) acts as the premier silver ornament manufacturing hub while Mumbai Zaveri Bazaar leads wholesale bullion trading. Today 1 Kilogram 999 fine silver bar in Maharashtra costs ₹2,34,881 and 100g silver coin is ₹23,488 (3% GST included).
Live Market News & Topical Expert Analysis — Maharashtra
Daily updated market reports, RBI monetary announcements, and bullion trade insights
US Fed Rate Cut Expectations & Dollar Index Movement Impact on Maharashtra Gold Rates
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BIS Mandatory 6-Digit HUID Hallmarking Enforcement Drive Across Maharashtra Jewellers
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Live Silver Rate Matrix in Maharashtra (16 Aug 2026)
Includes 3% GST| Quantity | Silver Price (INR) | Purity Standard |
|---|---|---|
| 1 Gram Silver | ₹234.88 | 999 Fine Silver |
| 10 Gram Silver | ₹2,349 | 999 Fine Silver |
| 100 Gram Silver Coin | ₹23,488 | 999 Fine Silver |
| 1 KG Silver Bar | ₹2,34,881 | 999 Fine Silver Bar |
Silver Manufacturing Clusters & Crafts in Maharashtra
Kolhapur ke paas Hupari village Maharashtra ka world-famous silver jewellery & Payal manufacturing hub hai jahan 20,000 se adhik karigar Silver Payal, Kangan, aur Silver Utensils craft karte hain. Zaveri Bazaar Mumbai primary silver ingot trading hub hai jahan daily spot benchmark rate publish hota hai.
In Maharashtra, benchmark silver rates are published daily by Bombay Bullion Association (BBA) & Kolhapur Silver Guild. Rates are calculated based on 1KG 999 fine silver MCX futures contracts, London LBMA spot rates, USD/INR forex conversion, 15% customs duty, and regional logistics transit insurance.
City Wise Silver Rate Breakdown Across Maharashtra
Local artisan cluster proximity and inland freight charges create minor price variations across cities in Maharashtra:
BIS Silver Hallmark Purity Verification Masterclass
Bureau of Indian Standards (BIS) certifies silver purity under 3 official grades in India. When purchasing silver items in Maharashtra, check for these 3 mandatory laser stamps:
999 Fine Silver (99.9%)
Used for bullion bars and investment coins. Highest purity grade.
925 Sterling Silver (92.5%)
Standard for durable jewellery, payal, and anklets (mixed with 7.5% copper).
800 Grade Silver (80.0%)
Used for silver utensils, plates, and heavy idols resistant to bending.
Industrial & Economic Factors Driving Maharashtra Silver Rates
Maharashtra mein industrial demand (solar panels, electronics, EV batteries) aur festive silver coin demand dono high rehne se rates COMEX spot aur MCX futures se tightly correlated hote hain.
Chandi na sirf jewellery mein balki solar PV cells, electrical contacts, aur medical equipment manufacturing mein heavy quantity mein consume hoti hai.
Silver Investment Masterclass: Physical Silver vs Silver ETF vs MCX Futures
RozgarAdda guide to choosing the best medium for silver investment based on liquidity, storage safety, and making charges:
| Feature | Physical Silver Bars | Silver ETF (NSE/BSE) | MCX Futures Contract |
|---|---|---|---|
| Making Charges | 5% - 15% | Zero (0%) | Zero (0%) |
| Storage Safety | Heavy Weight / Theft Risk | Demat Vault Protected | Demat Account |
| Liquidity | Local Jeweller Store Visit | Instant 1-Second Sell | Expiry Contract Rolling |
Aaj Ka Gold Rate in Maharashtra Check Karein
Maharashtra mein 24K, 22K aur 18K sone ke live rates dekhein.
Frequently Asked Questions (FAQs) — Maharashtra Silver Rate Today
Q. Aaj Maharashtra mein 1kg chandi ka bhav kya hai?
Aaj Maharashtra mein 1KG 999 Fine Silver Bar ka rate ₹88,500 hai (3% GST included).
Q. 999 Fine Silver aur 925 Sterling Silver mein kya antar hai?
999 Fine Silver 99.9% pure silver hota hai jo coins aur bullion bars ke liye use hota hai. 925 Sterling Silver 92.5% pure silver hota hai jisme 7.5% copper mix hota hai taaki jewellery durable bane.
Q. Kolhapur Hupari mein silver ornaments saste kyun hote hain?
Hupari India ka premier silver manufacturing cluster hai jahan artisans direct wholesale cost par payal aur silver items supply karte hain.
Q. Chandi khareedte waqt Hallmark kaise check karein?
BIS rules ke anusar Silver items par 3 stamps hone chahiye: BIS Triangular logo, Purity grade (e.g. 999 or 925), aur 6-digit HUID code.
Q. Physical Silver vs Silver ETF mein se kya behtar investment hai?
Agar aap storage risk aur making charges se bachna chahte hain toh NSE/BSE par Silver ETF ya Silver Mutual Fund khareedna sabse best aur liquid option hai.
Q. Maharashtra mein Silver Utensils par GST kitna lagta hai?
Silver utensils aur coins par 3% GST lagta hai. Manufacturing making charges 5% se 12% tak vary karte hain design complexity ke anusar.
Q. Chandi ke bartan ko kaala hone se kaise bachayein?
Silver items air aur sulfur se react karke tarnish (kaala) ho jate hain. Inhe airtight zip-lock bags mein soft cotton kapde me wrap karke rakhein.
Fact-Checked by Editorial Team
100% VerifiedVikram Mehta
Vikram has 8+ years of experience analyzing bullion markets, MCX futures, IBJA spot rates, and macro-economic factors influencing gold and silver prices across Indian states.