Silver Rate in Dehradun, Srinagar, Amritsar, and Jodhpur on 31 October 2025 – Latest Market Update, Price Trends, and Tally Prime Implementation

Published on: 31-10-2025 Call CA Tally HelpDesk +91 9205471661, 8368262875

Silver, often called the “poor man’s gold,” continues to be one of India’s most actively traded precious metals. It plays an important role in jewellery, utensils, electronics, and investment portfolios. As of 31 October 2025, silver prices in the northern Indian cities of Dehradun (Uttarakhand), Srinagar (Jammu & Kashmir), Amritsar (Punjab), and Jodhpur (Rajasthan) remained steady, reflecting balanced market conditions after festive season demand.

This article explores the current market rates, regional variations, and how businesses can record silver-related transactions efficiently using Tally Prime.

1. City-wise Silver Rate Overview (as of 31 October 2025)

The silver market on 31 October 2025 showed minimal volatility across these four key northern cities. Prices per kilogram were as follows:

• Dehradun (Uttarakhand): ₹1,51,200 per kg
• Srinagar (Jammu & Kashmir): ₹1,51,000 per kg
• Amritsar (Punjab): ₹1,50,900 per kg
• Jodhpur (Rajasthan): ₹1,51,100 per kg

These rates were consistent with the national average of around ₹1.51 lakh per kilogram. Minor city-wise variations occurred mainly due to transportation costs, local demand, dealer margins, and purity levels.

The stability of rates across these regions suggested that supply chains had normalized following the festive season, with steady investment interest and moderate industrial usage.

2. Market Trends and Observations

The silver market in October 2025 reflected a phase of stabilization after brief price swings earlier in the month. A few factors contributed to the overall consistency in rates:

• Festive Season Demand: The Diwali and Dhanteras period boosted jewellery and bullion sales, particularly in Amritsar and Jodhpur. Post-festive corrections were mild, showing strong consumer confidence.
• Industrial Demand: Electronics, solar panel, and auto part manufacturers continued to sustain industrial silver demand across the country.
• Global Influence: International silver prices hovered around $25–26 per ounce, reflecting global economic caution and controlled inflation.
• Regional Pricing: Cities such as Dehradun and Srinagar recorded slight premiums due to logistics and local sourcing costs, while Amritsar and Jodhpur maintained trade-based uniformity due to active bullion markets.

Overall, the price stability indicates that silver remains a reliable investment asset for both traders and households.

3. Implementing Silver Pricing in Tally Prime

For businesses dealing in silver—such as jewellers, bullion traders, or industrial suppliers—accurate accounting of daily rates is essential. Tally Prime simplifies this process with structured inventory and accounting features.

Step 1: Create Stock Item for Silver

1. In Tally Prime, go to Inventory Info → Stock Items → Create.
2. Enter the name (e.g., “Silver 999 Purity” or “Sterling Silver”).
3. Select the unit of measure as kilogram or gram.
4. Save the item.

Step 2: Set Current Rate

1. While creating or altering the stock item, enter the cost rate as per the current market value (₹1,51,000 per kg).
2. This ensures correct stock valuation and helps generate accurate profit or loss calculations.

Step 3: Record Purchase and Sale Transactions

1. For purchases, open Accounting Vouchers → F9: Purchase.
2. Select the supplier ledger and silver stock item.
3. Enter the quantity (for example, 2 kg) and the rate (₹1,51,000).
4. Tally Prime will auto-calculate the total amount.
5. Follow the same process for F8: Sales while selling silver stock.

Step 4: Track Inventory Reports

• Use Display → Stock Summary to view your total silver quantity and value.
• To monitor performance, go to Profit & Loss Account or Inventory Valuation Reports for real-time updates.

Step 5: Update Regularly

Since silver rates fluctuate daily, it’s crucial to update rates frequently. You can either modify stock items or record new purchase vouchers with updated rates each day.

4. Benefits of Managing Silver in Tally Prime

Implementing silver rates and transactions through Tally Prime provides multiple advantages:

• Accurate Valuation: Maintains real-time data on current metal worth.
• Simplified Accounting: Eliminates manual entries and calculations.
• Better Profitability Analysis: Helps assess margins based on updated buying and selling rates.
• Tax Compliance: GST details, purchase invoices, and sales vouchers are automatically organized for easy filing.
• Regional Comparisons: If you have branches in multiple cities (e.g., Amritsar and Jodhpur), you can analyze pricing variations efficiently.

5. Regional Highlights

Each city’s silver market has unique characteristics:

• Dehradun: Moderate demand, primarily for retail jewellery and investment silver.
• Srinagar: Premium market driven by tourism and decorative silver artefacts.
• Amritsar: High volume trading through wholesale and retail jewellers.
• Jodhpur: Strong artisan and industrial silver use, particularly in handcrafted items.

Despite regional differences, the pricing alignment across these cities on 31 October 2025 reflects a stable national market.

6. Conclusion

On 31 October 2025, silver maintained a steady rate of around ₹1,51,000 per kilogram in Dehradun, Srinagar, Amritsar, and Jodhpur. The market displayed consistent performance, supported by festive demand and global price stability.

For traders, jewellers, and manufacturers, managing silver stock in Tally Prime ensures accurate valuation, transparency, and simplified record-keeping. Regular updates of silver rates in Tally help businesses stay competitive, compliant, and well-prepared for market shifts.

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