Know the latest Silver Price in Shimoga . Both the lowest and highest prices per kilogram are updated here on a regular basis.
₹ 1▼
Gram | Today | Yesterday | Price Change |
1 gram | ₹ 136 | ₹ 137 | ₹ 1▼ |
1 kg | ₹ 1,36,000 | ₹ 1,37,000 | ₹ 1,000▼ |
Date | Price |
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) |
*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.
Shimoga, located in Central Karnataka, is situated on the banks of the Tunga river and is home to many wildlife sanctuaries and waterfalls. The city has been a major tourist attraction in the state with an increasing number of tourists every year. Shimoga has been at the centre for industrialisation in the state along with other cities. Due to this, the demand for silver rate today has been increasing over the years. Silver rates in Shimoga depend on the value of the metal in the country which in turn is dependent on the international trend of the metal.
In Shimoga, you can invest in silver by purchasing silver jewellery, coins and other household items. Each option has different considerations, such as making charges, melting charges, and storage requirements.
Before buying silver in Shimoga, you should research and monitor silver rates, decide on the form of silver you want to purchase (such as bars, coins, or jewellery), and ensure certification for purity. Also, if you plan to purchase silver online, buy from trusted certified sellers to avoid any potential adulteration or fraud.
Selling silver in Shimoga is relatively easy, as there is a high demand for silver in the market. Most jewellers and pawn shops are willing to buy silver at current prices. However, it is important to note that intricately designed silver jewellery might fetch lower prices compared to the weight of the precious metal. You can obtain quotes from different jewellery showrooms to ensure you receive a fair price. Selling silver coins or bars generally yields better rates than selling jewellery.
To buy silver coins in Shimoga, you have multiple options. You can visit jewellery showrooms or banks that sell certified and assayed silver coins. However, buying from banks may be slightly more expensive due to additional charges for damage-proof packing and a purity assay certificate. Ensure you obtain a purity certificate when making your silver coin purchase.
To ensure authenticity and reliability, you should purchase silver from certified sellers in Shimoga. You can find jewellers who sell authentic and certified silver coins and other silver items in jewellery showrooms. Banks also offer certified and assayed silver coins for purchase. You should verify the seller's credentials and obtain the necessary certificates when buying silver as an investment.
Yes, silver purchases are taxable. They are subject to a 3% Goods and Services Tax (GST).
Silver and silver alloys are stamped with standard marks by BIS-recognized Assaying and Hallmarking Centres. The marks include the BIS mark, purity/fineness, assay centre's identification mark, year of marking, and jeweller's/manufacturer's identification mark. This certification ensures transparency and quality assurance for silver purchases in Shimoga.
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