Silver Price Calculator: Silver Jewellery, Payal, Coins and Utensils with GST
Free tool · Updated October 2, 2026 · By CouponTalk · Reviewed by CouponTalk Expert Reviews on
Your result
Enter your measurements to see your result.
Quick answer
Silver is priced per kg of 999 silver, so first convert to your item's purity: sterling silver 925 is 92.5% pure. At ₹1,20,000 a kg, a 50 g 925 payal holds about ₹5,556 of silver. Add making charges, which for silver are often quoted per gram, a hallmark charge if any, and 3% GST on the total.
How to use this calculator
- Enter today's silver rate per kg.
- Add weight and purity.
- Enter the making charges the way the shop quotes them.
Reference table
| Grade | Purity | Used for |
|---|---|---|
| 999 | 99.9% | Coins, bars |
| 990 | 99% | Utensils, articles |
| 970 | 97% | Articles |
| 925 | 92.5% | Sterling jewellery |
| 900, 835, 800 | 90%, 83.5%, 80% | Payal, toe rings, articles |
Rates change daily; making charges vary by design and shop.
Frequently asked questions
What does 925 silver mean?
92.5% pure silver mixed with 7.5% other metals, usually copper, for strength. It is called sterling silver.
Is GST on silver 3%?
Yes, 3% on silver jewellery, articles and bars, including making charges.
Is silver jewellery hallmarked?
BIS hallmarking for silver is available in grades from 800 to 990; it is mandatory for some items. Look for the BIS logo, grade and HUID.
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