Silver Rate Today in Assam – 7 Nov 2026, 3 AM IST

• Today's silver rate in Assam
• City wise silver rate comparison
• Making charges and GST
• Where to buy silver in Assam
• Bihu to Dhanteras buying calendar

The figures in the live table are bullion reference rates for Assam, quoted per gram for 999 fine silver and 925 sterling silver, refreshed every business day against MCX and IBJA benchmarks. This is the base rate Guwahati, Jorhat, Dibrugarh and Nagaon jewellers price against, before adding their own making charges.

Guwahati, centred on Fancy Bazaar and Pan Bazaar, is the Northeast's principal commercial hub and draws silver buyers from across the wider region. This page covers today's rate, a city wise comparison, how the rate is set, making charges and GST, purity verification, where to buy and sell, Assam's traditional silver craft, the buying calendar, taxation and a detailed FAQ.

The weight table converts today's per gram rate into the denominations Assam's buyers transact in, from a single gram through 10 grams, 100 grams and a kilogram, for both 999 and 925 purity.

Traditional Assamese pieces such as gamkharu bracelets and jonbiri pendants are typically priced and billed by their exact weight, while investment coins bought for Dhanteras and Bihu follow standard gram denominations.

The base bullion rate for 999 and 925 silver is identical across Assam on any given day, since every city prices against the same national IBJA benchmark. What genuinely differs from city to city is the local premium and, more significantly, the making charge a jeweller adds.

Guwahati, given its role as the Northeast's main commercial centre and the wider regional demand it draws, can carry a slightly higher local premium than smaller cities, even while offering the widest overall selection. Jorhat and Nagaon, with their genuine artisan manufacturing base, often price traditional handmade pieces competitively relative to their craftsmanship. Dibrugarh generally tracks Guwahati closely with a modest local premium.

For any significant purchase, comparing making charges between Guwahati and your own city's established jeweller is a reasonable and common practice among Assam's silver buyers.

A single day's rate tells you very little on its own. The last ten trading sessions show whether today's print sits at the top of a run, at the bottom of a pullback, or somewhere in the middle of a flat stretch.

Silver moves harder in percentage terms than gold on the same piece of news, so a wider range over ten days is normal here than on an Assam gold rate page over the same window.

The trend table sets today's Assam rate against its opening and closing values over seven days, 30 days and 12 months. The shorter windows capture sentiment; the 12 month window captures the structural story, chiefly global industrial demand, ETF investment flows and the gold to silver ratio.

Assam tracks the national IBJA benchmark closely, with local demand shaped by the Bihu and Dhanteras calendar and Guwahati's trading rhythm.

Silver trades continuously in US dollars per troy ounce on COMEX and the London Bullion Market Association benchmark, converts at the prevailing USD to INR rate, and picks up customs duty, cess and GST before reaching Indian retail. Assam's jewellers price against the national IBJA reference rate each morning, with Guwahati's Fancy Bazaar and Pan Bazaar setting the tone for the rest of the state.

Silver is more industrially exposed than gold nationally, though Assam's own retail demand is driven predominantly by jewellery, religious offerings and gifting rather than local industrial use, alongside a genuine handicraft and small workshop demand around Jorhat.

Real interest rates, the US dollar, industrial demand and investment flows move the international price. The rupee's exchange rate and Indian import duty changes move the local price on top of that.

Locally, Bihu, Durga Puja and Dhanteras bring sharp seasonal uplifts in buying across Guwahati, Jorhat and the rest of the state. When gold prices climb too far, buyers in Assam often switch toward silver jewellery or coins as a more accessible alternative.

999 fine silver is 99.9 percent pure and is the form used for investment coins and bars, heavily bought across Assam around Dhanteras and Bihu as a pure savings instrument.

925 sterling silver, 92.5 percent pure with the remainder mostly copper, is the standard for rings, bangles, chains and anklets sold across Guwahati's retail jewellers. Traditional Assamese frame jewellery uses its own artisan silver alloy conventions distinct from standard sterling silver. Confirm which purity a quote refers to before comparing shops.

The rate on this page is the metal price. What you pay at the counter adds making charges, then GST at 3 percent on the total of metal plus making.

What making charges typically run in Assam

• Silver coins and bars | roughly 3 to 8 percent, close to 999 purity
• Rings, bangles, chains and anklets | roughly 5 to 25 percent depending on the design and level of handwork
• Traditional Assamese handmade pieces from Jorhat or Nagaon | often at the higher end, reflecting the genuine artisan skill and time involved

A worked example: a 40 gram silver piece with 14 percent making adds 14 percent to the metal value, then 3 percent GST on that subtotal, for a final bill roughly 17.4 percent above the pure metal value.

Silver hallmarking became mandatory across India from 1 September 2025, with a six digit HUID marked on each hallmarked piece alongside the BIS Standard Mark and purity grade.

• Look for the BIS Standard Mark, purity grade and HUID number on the piece
• Verify the HUID independently using the BIS CARE app
• Ask the jeweller to weigh the piece in front of you and confirm the purity claim against the day's rate

Traditional Assamese silver frame jewellery, often covered in a thin layer of gold foil, follows its own artisan conventions distinct from standard hallmarked retail jewellery, so ask specifically about the silver content when buying a heritage style piece from a Jorhat workshop.

Fancy Bazaar and Pan Bazaar in Guwahati handle the large majority of the city's silver trade, with both wholesale and retail transactions happening side by side along the banks of the Brahmaputra. As the Northeast's main commercial centre, Guwahati draws buyers from across the wider region, a wider catchment that can push local premiums slightly above what smaller regional cities see.

Pan Bazaar itself sits close to the Reserve Bank of India's Guwahati branch and the Kamrup District Court, reflecting the area's long standing role as a commercial and administrative centre for the state.

Jorhat, historically known as Sonarigaon, remains one of Assam's three great centres of traditional jewellery making, alongside Nagaon and Barpeta. Artisans here still produce completely handmade pieces using techniques passed down through generations, distinct from the machine assisted manufacturing common elsewhere in India.

A defining Assamese technique uses a silver frame covered with a thin layer of hand beaten gold foil, known as pat gold, with joints made using a silver and copper alloy in roughly a six to one ratio. This craft, along with traditional gold and silver enamelling once centred specifically in Jorhat, gives the region's jewellery a genuinely distinct character.

Dibrugarh, a major commercial centre in Upper Assam long associated with the tea industry, carries a solid local silver retail trade serving the surrounding tea estate economy and its workforce.

Nagaon, one of the historic centres of traditional Assamese jewellery making alongside Jorhat and Barpeta, retains a genuine artisan silver and gold craft tradition serving both local demand and buyers seeking authentic heritage style pieces.

Silver buying in Assam rises sharply around Bihu and stays active through Durga Puja, Dhanteras and the winter wedding season.

• Bohag Bihu, Assam's spring new year festival, when families buy silver ornaments and gifting products linked with prosperity and blessings
• Durga Puja, a major buying period across the state
• Dhanteras, the strongest annual buying peak for silver coins and idols
• Winter wedding season, when demand for traditional Assamese ornaments and gifting products peaks
• Kamakhya Temple visits, a year round source of demand for religious silver offerings and idols

Fancy Bazaar and Pan Bazaar jewellers stock up well ahead of Bihu and Dhanteras specifically, since these two windows together account for a significant share of the state's annual silver retail volume.

Assamese jewellery making flourished under the Ahom dynasty, which ruled the region for nearly 600 years, with gold dust panned from the Subansiri river, a tributary of the Brahmaputra whose name literally means flow of gold, by the Sonowal Kacharis community of traditional gold washers.

Silver played a foundational role in this tradition alongside gold, most notably in the pat gold technique, where a silver frame is covered in hand beaten gold foil, giving pieces the appearance of solid gold while using considerably less of the more expensive metal. This craft, along with distinctive Ahom era enamelling once centred at Jorhat, remains a defining feature of authentic Assamese jewellery today.

Assamese jewellery carries its own distinct vocabulary of designs, each with its own name and symbolism. The Jonbiri is a crescent moon shaped pendant, the Lokaparo depicts two pigeons placed back to back and was historically worn by royal dignitaries, the Gamkharu is a broad ornate bracelet, and the Jethi Poti resembles a lizard's tail with a row of small medallions leading to a central pendant.

Other recognised forms include the Dhol Biri, shaped like a traditional drum, the Doog Doogi, and the Keru, each tied to specific occasions and, in earlier centuries, specific social status within Assamese society.

The Kamakhya Temple in Guwahati, one of the most significant Shakti Peeth pilgrimage sites in India, draws devotees from across the country year round, many of whom purchase silver idols, lamps, kalash and small deity figures as religious offerings or for home shrines.

This steady pilgrim demand, distinct from the seasonal peaks around Bihu and Dhanteras, gives Guwahati's silver retailers a more consistent baseline of religious item sales throughout the year than purely festival driven markets elsewhere.

Fancy Bazaar and Pan Bazaar in Guwahati cover everything from wholesale silver to modern retail jewellery. Jorhat and Nagaon are worth visiting specifically for authentic, handmade traditional Assamese pieces.

What to check wherever you buy

• BIS hallmark and HUID number on standard retail jewellery
• The day's rate displayed and the making charge quoted as a percentage in writing
• A proper GST invoice carrying weight, purity, rate and making charge

Exchange at an established jeweller, ideally the one who sold it, with the piece weighed and purity tested in front of you. Guwahati's Fancy Bazaar dealers typically offer the most transparent buyback terms given the volume of trade they handle.

Many families preserve inherited silver jewellery and utensils as emotional heirlooms tied to heritage rather than selling them, a genuine pattern in Assamese households alongside more standard resale of retail jewellery.

Nationally, rising silver prices through 2024, 2025 and 2026 have made buyers more price sensitive, and this pattern extends to Guwahati's own retail trade. Investment buying of coins and bars has grown as a share of demand, matching the national shift toward silver as a savings vehicle.

What has held up is demand for traditional Assamese heritage pieces and Bihu and Dhanteras festive buying, both driven more by cultural obligation than pure price sensitivity.

Taxes on silver are set nationally, so nothing here is specific to Assam, but three layers matter to every buyer.

At purchase, GST at 3 percent applies on the value of the metal plus making charges. At sale, profit on physical silver held over the qualifying period is taxed as long term capital gains; shorter holdings are taxed at your slab rate. Large cash purchases require PAN above the prescribed threshold.

None of this is tax advice. For a large transaction, confirm current rules with a chartered accountant.

Silver is more volatile than gold day to day, since it carries a genuine industrial demand component nationally alongside its investment role. Coins and bars in 999 purity carry the lowest making cost and recover the most value on resale; traditional handmade jewellery in 925 purity or artisan silver carries making charges you do not recover.

For most Assamese households, the practical approach is to separate the two purposes clearly, festive and ceremonial silver bought for its cultural role, and simple 999 coins or bars bought purely as savings.

Silver in India traded around 37,000 to 40,000 rupees per kilogram in 2015 and 2016, and stayed close to that band through 2018 and 2019. The metal rose steadily after the pandemic, crossing 78,000 rupees per kilogram in 2023.

The RBI's annual average for financial year 2024 to 2025 stood at roughly 89,000 rupees per kilogram, and financial year 2025 to 2026 saw an increase of about 82 percent to roughly 1,62,000 rupees per kilogram.

Over the full decade, an investor holding physical silver from 2015 through 2025 saw their holding value roughly triple. Assam's rates have tracked this national curve throughout.

Unlike gold, over half of global silver demand now comes from industry rather than jewellery or investment, chiefly solar panels, electric vehicles, semiconductors and 5G hardware.

India imports over 80 percent of the silver it consumes. In September 2025 the government restricted imports of plain silver jewellery, and in May 2026 raised the import duty on silver bullion, changes that move the domestic price for the whole country, including Assam, independently of the global rate for a period.

The practical approach for most buyers is to purchase against genuine need and timeline rather than trying to time the market.

Silver is more volatile than gold day to day because of its industrial demand component. Over the last decade silver has occasionally outpaced gold in percentage terms during rally phases, though it also falls harder during pullbacks.

Equity markets have historically delivered higher long run returns than precious metals, but with far more volatility. Debt instruments give predictable, lower returns with minimal price risk.

In Assam, silver's role in a household's savings is usually as a small, liquid holding tied to Bihu and wedding tradition, not a replacement for equity or debt.

Physical silver, bought as coins, bars or jewellery from a Guwahati jeweller, gives you something you can hold, gift or wear, but attracts 3 percent GST, requires safe storage, and jewellery carries making charges not recovered on resale.

Silver ETFs let you hold silver electronically without storage or GST, through a regular demat account. Both physical silver and silver ETFs are taxed the same way, at 12.5 percent on long term capital gains without indexation for holdings over 12 months.

India imports over 80 percent of the silver it consumes, mostly as bullion cleared through customs before reaching refiners and eventually jewellers in states like Assam.

More than half of global silver demand today comes from industry rather than jewellery, though Assam's own retail demand is driven by jewellery, festive gifting and genuine artisan craft rather than local industrial silver use.

• 999 fine silver: 99.9 percent pure, used for coins and bars
• 925 sterling silver: mixed with copper for strength, the standard for retail jewellery
• Rup: the Assamese word for silver, commonly used in local searches; xun means gold
• Pat gold: a silver frame covered in hand beaten gold foil, a distinctive Assamese technique
• Gamkharu: a broad, ornate traditional Assamese bracelet
• Making charges: the fee a jeweller adds for crafting a piece
• HUID: the unique six digit hallmark identification number
• IBJA: the India Bullion and Jewellers Association, source of the national reference rate

Assam's jewellery trade traces back to the Ahom dynasty, which ruled the region for close to six centuries and patronised the goldsmiths and silversmiths who developed the state's distinctive craft traditions, initially reserved for royalty before spreading more widely among the population over time.

Guwahati's rise as the Northeast's commercial hub added a modern bullion trading layer on top of this older artisan heritage, giving the state's silver market a genuine dual character that persists today.

Silver tarnishes when exposed to air and humidity, and Assam's monsoon climate and generally high humidity make this a genuine concern year round. Keep pieces in an airtight pouch or box, ideally with an anti tarnish strip.

For larger holdings, a bank locker in Guwahati remains the most secure option. Traditional heirloom pieces, often stored carefully across generations, benefit from the same tarnish protection as newer purchases.

Silver and property serve fundamentally different purposes as assets. Property in Guwahati, the Northeast's main commercial centre, requires a large upfront commitment and is illiquid. Silver can be bought and sold in small increments and converted to cash within minutes.

Most Assamese households do not choose between the two. Property tends to serve as a long term family asset, while silver serves as a smaller, liquid holding for Bihu, weddings and religious occasions.

If you are in Assam and considering a silver or lab grown diamond jewellery purchase, Lucira offers hallmarked silver and certified lab grown diamond pieces with transparent, itemised pricing and doorstep delivery across India, so you can compare designs and pricing without needing to visit Guwahati in person.

Every Lucira piece is priced against the live daily rate shown on this page, with making charges and certification costs shown separately.

A proper invoice from an Assam jeweller should show the net silver weight in grams, the purity, the rate applied per gram that day, the making charge, and GST at 3 percent applied on the metal plus making charge combined.

If a piece carries stones or gold foil work, the invoice should state the net silver weight separately from the gross weight. A hallmarked retail piece should also show the HUID number, verifiable through the BIS CARE app.

• A quoted rate below the day's published benchmark, which usually means lower purity than claimed
• Gross weight billed as if it were net silver weight, especially on gold foil covered or stone set pieces
• Making charges quoted verbally but not itemised on the final bill
• Pressure to buy quickly during Bihu or Dhanteras without comparing shops

Always confirm the current BIS hallmark and HUID independently through the BIS CARE app rather than taking a seller's word for it, and for traditional handmade pieces, buy from an established, reputable Jorhat or Nagaon workshop.

• Retail jewellery from a Guwahati jeweller: wearable and giftable, but making charges reduce resale value
• 999 coins and bars: lowest making cost, best for pure savings
• Silver ETFs: no storage or GST, held in a demat account
• Traditional handmade pieces from Jorhat or Nagaon: cultural and heritage value, priced by craftsmanship rather than pure investment weight

Most Assamese households use a mix, ceremonial and heritage jewellery for cultural occasions, and coins, bars or ETFs for pure savings.

Under the rules applicable for financial year 2025 to 2026, profit on physical silver or silver ETFs held for more than 12 months is taxed as long term capital gains at 12.5 percent without indexation. Holdings sold within 12 months are taxed at your income tax slab rate.

Your gain is calculated as the sale price minus your original purchase cost, including making charges, which is why keeping your original invoice matters. Confirm current rules with a chartered accountant before a large sale.

Unlike gold, there is no prescribed ceiling on how much silver an individual can hold in India, provided it is acquired through disclosed, taxed income and you can produce invoices if asked.

Cash payments for a single silver purchase above the prescribed threshold require your PAN card, and payments above two lakh rupees in cash for a single transaction are not permitted regardless of PAN.

Fancy Bazaar and Pan Bazaar in Guwahati remain the single most important reference point for silver pricing anywhere in Assam, and jewellers across the state, whether in Jorhat, Dibrugarh or Nagaon, price their day against it each morning.

For any significant purchase, comparing making charges across at least two markets, typically Guwahati against either Jorhat or your own city's established jeweller, is a reasonable and common practice.

Many jewellers across Assam, particularly established shops in Guwahati, offer monthly instalment schemes where you deposit a fixed amount each month for around 11 months, with a bonus instalment added at the end, redeemable against jewellery.

Before joining one, confirm in writing whether redemption is locked at deposit day rates or redemption day rates, and check whether the bonus is forfeited if you exit early.

Guwahati functions as the principal silver and gold wholesale hub for the entire Northeast region, with jewellers from Arunachal Pradesh, Meghalaya, Nagaland, Mizoram, Manipur and Tripura routinely sourcing stock from Fancy Bazaar and Pan Bazaar wholesalers.

This regional role gives Guwahati's silver market genuine depth and trading volume well beyond what Assam's own population alone would support, a distinguishing feature compared with most other Indian state capitals.

Assam produces more tea than any other Indian state, and Upper Assam cities like Dibrugarh, built around the tea estate economy, carry a steady silver retail demand tied to the seasonal rhythm of the tea industry and its workforce.

This gives Dibrugarh's silver trade a somewhat different character from Guwahati's broader commercial demand, more closely tied to the local plantation economy than to regional pass through trade.

Beyond retail jewellery, silver sees regular use in Jorhat's handicraft sector, where small local artisan workshops produce customised silver jewellery, pooja articles and decorative household products for weddings and cultural events, alongside electrical repair and decorative product businesses that use silver for its durability and shine.

This genuine small scale craft economy is distinct from, and considerably smaller than, national industrial silver demand, but it remains a meaningful part of Assam's local silver consumption.

Silver retail in Assam sits inside a jewellery economy shaped by genuine dual forces, Guwahati's modern commercial bullion trade as the Northeast's regional hub, and the centuries old artisan heritage of Jorhat, Nagaon and Barpeta.

This combination makes Assam's silver market one of the more economically and culturally significant in the Northeast, serving not just the state but drawing demand from across the wider region.