Silver Rate in Cuttack

Know the latest price for silver across cities and towns in India. Both the lowest and highest prices per kilogram are updated here on a regular basis. 

Updated on

05 Sep 2025

Today's Silver Rate in Cuttack

₹ 136/ 1 gram

1

Weekly & Monthly Graph of Silver Rate in Cuttack (1 gram)
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Silver Rate in Cuttack (Today & Yesterday)

GramTodayYesterdayPrice Change
1 gram₹ 136₹ 137

1

1 kg₹ 1,36,000₹ 1,37,000

1,000

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Silver Rate in Cuttack for Last 10 days

DatePrice
05 Sep 2025₹ 136
04 Sep 2025₹ 137(0)
03 Sep 2025₹ 137(0)
02 Sep 2025₹ 137
01 Sep 2025₹ 136
31 Aug 2025₹ 134(0)
30 Aug 2025₹ 134
29 Aug 2025₹ 131
28 Aug 2025₹ 130(0)
27 Aug 2025₹ 130(0)

Silver Rate Weekly Comparison

*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

Updated On - 05 Sep 2025

Silver rate in Cuttack 2024

This city located in the state of Odisha is a peninsula surrounded by the Kathajodi and Mahanadi river. The second largest city in the state is also considered the judicial state of Odisha. Like most cities in the country, the demand for silver in Cuttack too is high for both ornamental and investment purposes.

Furthermore, the city has strong demand for industrial purposes as well. Silver rate today in Cuttack has risen over the past years and the price is determined by geo-political issues, economic trends, local and industrial demand, value of the US dollar etc.

Silver as an Investment in Cuttack

Silver contracts - National commodity exchanges like NCDEX and MCX, which are located in the city, offer silver contracts for sale. One of these is MCX, which is well known both inside and outside of the nation and is acknowledged as an international silver trading market. A base quantity of 1 kg of silver with purities of 999 and 995 parts per thousand is available for contracts.

Physical Silver - Physical silver includes items like coins, bullions, ingots, silverware, bars, jewellery, and decorations. In addition to being a popular gift, silver also experiences seasonal sales growth around holidays and wedding seasons.

Due to craftsmanship and other costs associated with designing the pure metal, jewellery stores sell silver at a high price over market prices. Coins are sold in a variety of locations, including banks, and come in a variety of purities.

The least expensive option for silver prices in Cuttack is provided by bullion dealers; however, because they typically sell silver in greater volumes, their prices can be high and their demands for investment safety are higher.

What factors influence the silver rate in Cuttack?

The demand for physical silver as well as the metal's industrial demand are the main factors influencing silver prices in Cuttack. In addition, the volatility and the rise and fall of the silver prices in Cuttack are significantly influenced by the global trend for silver and gold.

The geopolitical unpredictability, crude oil market trends, and the value of the US dollar relative to other currencies are a few other factors that affect silver rates in Cuttack. Additionally, the price of silver is impacted by adjustments to import taxes and monetary easing by central banks.

Checklist for purchasing silver in Cuttack

The following is a required shopping list for silver in Cuttack:

Purity of silver - To confirm the object's authenticity, the Bureau of Indian Standard (BIS) hallmarks silver jewellery and other items. Before purchasing silver in Cuttack, buyers must look for the BIS logo to confirm the metal's purity level.

Gemstones - Jewelry with a gemstone embedded in it should be weighed both with and without the gemstone to determine the true weight of the metal. This will allow you to factor the weight of the gemstone into the price of the silver.

Buy-back terms - To prevent unforeseen costs, inquire about the buy-back terms with the seller. The buyer will profit if they sell the same seller the silver, they purchased in exchange for their silver item.

Making charges - Make sure to choose a merchant who sells at a minimal making cost because the making charge for silver typically starts at 3.00%. So, the price a jeweller quotes over the total price raises the price of the finished silver product.

Why is Cuttack's demand for silver increasing?

Cuttack's demand for silver has grown as a result of the recent increase in the price of gold. Both silver and gold are regarded as countermeasures against inflation, but silver is much more cost-effective than gold.

Silver ornaments are now more popular than imitation jewellery, which makes them a great investment. A person can purchase silver on the futures market as well, which will increase the demand for silver in Cuttack.

Also Check -  Silver Rate in Odisha  

Read More on Silver

FAQs on Silver rate in Cuttack

  • Where can I buy silver jewellery in Cuttack?

    It is always advised to purchase silver from a reputable jeweller who sells certified silver jewellery in the city.

  • Can I invest in silver in Cuttack?

    Yes, you can invest in silver as it is more reasonably priced than gold. It is becoming increasingly popular in Cuttack as it has many different industrial and medical applications apart from being used for making jewellery and silverware.

  • Is this the ideal time to purchase silver in Cuttack?

    Yes. Low silver prices in Cuttack now make it an ideal time to invest or purchase silver.

  • How can one invest in silver in Cuttack?

    You can invest in silver in a variety of ways, including jewellery, coins, statutes, bars, silverware and decor. In addition, silver is available for purchase digitally.

  • Can I purchase silver in Cuttack from a bank?

    Yes. You can purchase silver in a physical form from a bank in Cuttack.

  • Which is a better investment in Cuttack - silver bars or silver coins?

    If you plan to buy large quantities of stocks then silver bars are a better investment than silver coins. On the other hand, silver coins are easier to store.

  • What factors influence the silver rate in Cuttack?

    Shifting industrial demand, demand for silver as a store of value, geopolitical unpredictability, rising crude oil prices, the depreciating dollar, government regulations on key export and import destinations, sales by central banks, changes in the price of gold, and changes in the price of other commodities are the main factors influencing the volatility of silver rates in Cuttack. Many believe that investing in silver will eventually displace gold investing.

  • What does BIS Hallmark silver means?

    The process of hallmarking identifies and confirms the metal content of gold and silver artifacts. It is acknowledged in many countries and is used as a purity assurance seal. The purity of silver in India is confirmed by BIS (Bureau of Indian Standards), the country's official standards organization. FX Global Metal Corporation is the first company in India to offer 999 BIS Hallmarked Silver Coins.

  • Why is Cuttack's silver rate cheaper than its gold rate?

    Historically, people have valued silver as being less expensive than gold. Typically, silver is used in industrial contexts. One of the key factors influencing silver's reduced price is the lower demand for it in Cuttack. In Cuttack, rising demand drives up the price of silver and vice versa.

  • Why are silver prices different in India?

    Due to the fact that silver is imported into India, the application of an import fee has an immediate impact on the price. If the import tariff is high, the price of silver will immediately increase.

  • What does it mean to research the current silver price in Cuttack?

    It is essential to check the current silver rate in Cuttack before buying any silver, whether it be online or in-person. This is because even a minor fluctuation in the silver price in Cuttack over the course of a single day can cause substantial losses. The price of silver in Cuttack is currently substantially greater than it was ten years ago. Therefore, it is essential to regularly check and compare the current silver rate in Cuttack with each jeweler before making a silver purchase.

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