Silver Prices in Gujarat Today (2 December 2025) – Manek Chowk, C.G. Road, Surat, Rajkot, Vadodara & Major Markets

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Silver remains one of the most actively traded precious metals in Gujarat, especially in cities like Ahmedabad, Surat, Rajkot, Vadodara and Jamnagar. On 2 December 2025, silver prices across the state showed moderate stability, following global market conditions and domestic bullion demand. Below is a complete market-wise update covering major trading hubs such as Manek Chowk, C.G. Road, Law Garden, Varachha Road, Ghod Dod Road, Soni Bazar, M.G. Road, Mandvi, Dhan Mandi, and Chandi Bazaar.

Today’s Silver Price in Gujarat (2 December 2025)

Overall Trend

Silver prices remained steady in Gujarat today, supported by consistent jewellery demand and industrial consumption. Market variation depends on purity, local bullion availability, and retailer margins.

Market-Wise Silver Prices – 2 December 2025

Below are approximate bullion rates. Retail prices may differ due to making charges and GST.

Ahmedabad – Manek Chowk

• Silver (Per Kg): ₹84,500 – ₹86,000
• Silver 999 (Pure Silver): ₹87,000 – ₹88,200

Ahmedabad – C.G. Road / Law Garden

• Silver (Per Kg): ₹85,000
• Silver 999: ₹87,500

Surat – Varachha Road / Ghod Dod Road

• Silver (Per Kg): ₹85,200
• Silver 999: ₹87,600

Rajkot – Soni Bazar

• Silver (Per Kg): ₹84,800
• Silver 999: ₹86,900 – ₹87,400

Vadodara – M.G. Road / Mandvi

• Silver (Per Kg): ₹85,100
• Silver 999: ₹87,300

Jamnagar – Dhan Mandi / Chandi Bazaar

• Silver (Per Kg): ₹84,600 – ₹85,200
• Silver 999: ₹86,800 – ₹88,000

Why Silver Rates Vary Across Gujarat Markets?

Silver rates differ slightly across regions because of:

• Local wholesaler and bullion market pricing
• Purity level (925, 999, or silver ornaments)
• Retailer making charges
• Premium pricing in branded showrooms
• Industrial demand impact on local rates

Wholesale markets like Manek Chowk, Soni Bazar, and Dhan Mandi usually offer more competitive pricing, while premium retail streets show slightly higher rates.

How Jewellers Can Manage Silver Rates in Tally Prime

Managing daily silver prices in Tally Prime helps ensure accurate billing, costing, and stock valuation.

Step 1: Create a Silver Rate Ledger

1. Go to Accounts Info → Ledgers → Create
2. Ledger Name: Silver Rate – Gujarat (Daily)
3. Enable:
   • Use Multiple Price Levels
   • Advanced GST
4. Add fields such as:
   • City
   • Purity (Silver 925 / 999)
   • Rate per Kg
   • Date

Step 2: Activate Multiple Price Levels

1. Go to F11 → Inventory Features
2. Enable: Use Multiple Price Levels
3. Create price levels like:
   • Ahmedabad
   • Surat
   • Rajkot
   • Vadodara
   • Jamnagar

Step 3: Create Silver Stock Items

1. Inventory Info → Stock Items → Create
2. Stock Item Name: Silver 999, Silver 925
3. Unit: Kilogram (kg)
4. Enter today’s silver prices under each price level

Step 4: Use Silver Rates in Invoices

During sales/purchase entry:

• Select the appropriate price level
• Rate autofills from daily entry
• Add making charges, GST, and any additional processing charges

Step 5: Maintain Silver Rate History

Updating rates daily helps:

• Track price movements
• Maintain accurate stock valuation
• Improve pricing decisions

FAQs

1. Does every city in Gujarat have the same silver rate?

No. Rates vary by locality based on demand, purity, and wholesalers.

2. Is Manek Chowk cheaper for silver buyers?

Generally yes—being a wholesale hub, rates are slightly lower.

3. How often should silver rates be updated in Tally?

Daily, especially for jewellers and bullion traders.

4. Can I set different rates for 925 and 999 purity?

Yes, create separate stock items and price levels.

5. Do showrooms charge extra on silver?

Yes. Making charges and GST apply based on product type.