Jewellery

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

Calculate

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

  1. Enter today's silver rate per kg.
  2. Add weight and purity.
  3. Enter the making charges the way the shop quotes them.

Reference table

BIS silver hallmark grades
GradePurityUsed for
99999.9%Coins, bars
99099%Utensils, articles
97097%Articles
92592.5%Sterling jewellery
900, 835, 80090%, 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.

Related calculators

See all tools & calculators →

Latest from the blog

View all blogs →

View all blogs

CouponTalk
Logo