Silver Price in Karol Bagh, Delhi – 21 November 2025 & How to Implement It in TallyPrime 7.0

Published on: 21-11-2025 Call CA Tally HelpDesk +91 9205471661, 8368262875

Introduction

Karol Bagh, one of Delhi’s most active jewellery and bullion markets, plays a major role in determining local silver prices for retailers, wholesalers, and manufacturers. On 21 November 2025, silver prices saw stable movement influenced by global trading trends, dollar strength, and domestic demand.

For jewellery traders, bullion dealers, and CA firms managing accounts for such businesses, it is important to maintain accurate daily silver rate records inside Tally Prime 7.0.
This helps in correct billing, inventory valuation, GST computation, and maintaining proper purchase/sale entries.

This article explains both the silver prices and step-by-step instructions to implement them inside Tally Prime 7.0.

Silver Price in Karol Bagh, Delhi – 21 November 2025

• Silver (999 Pure) – ₹1,540 per 10 grams

• Silver (999 Pure) – ₹15,400 per 100 grams

• Silver (925 Sterling) – ₹1,420 per 10 grams

• Silver (925 Sterling) – ₹14,200 per 100 grams

Note:
Prices may vary slightly from shop to shop because of purity, hallmarking, making charges, and local demand.

How to Implement Silver Prices in Tally Prime 7.0

Below is the complete step-by-step method used by jewellery stores, silver wholesalers, bullion traders, and CA offices.

1. Create Units of Measure (Grams / Kilogram)

Silver is usually measured in grams or kilograms.

Steps:

1. Gateway of Tally → Create → Units
2. Create Gram (gm)
3. Decimal Places: 2 or 3

You may also create:

• 10 Gram Pack
• 100 Gram Pack
• 1 Kg Pack

as per business requirement.

2. Create Silver Stock Items

Go to: Inventory Info → Stock Items → Create

Create items like:

• Silver 999 (Pure)
• Silver 925 (Sterling)

Set:

• Category: Silver
• Units: Gram
• GST Rate: 3% (if applicable)
• Valuation Method: Average Cost or FIFO

3. Enable Price List Feature

Press F11 → Inventory Features
Turn ON: Use Price Lists → Yes

This will allow you to maintain date-wise silver rates.

4. Create Price List for 21 November 2025

Go to: Inventory Info → Price List
Select the Silver Category

Then choose the date: 21-11-2025

Now enter rates:

(These rates match the per-10-gram values given above.)

TallyPrime 7.0 automatically applies these rates for any sales or purchase entry on this date.

5. Use Silver Rate in Sales Voucher

Go to: Sales Voucher (F8)

1. Select customer
2. Select item: Silver 999
3. Enter quantity (example: 100 grams)
4. Tally automatically fetches the rate from the price list
5. GST auto-calculates
6. Save the voucher

This ensures error-free billing.

6. Maintain Daily Silver Rate Register (Optional)

If you want to record daily silver price movements inside Tally:

1. Create Ledger Group: “Silver Rate Register”
2. Create Ledger: “Silver Rate – 21 Nov 2025 (999)”
3. Enter rate amount (optional)

This helps auditors and businesses track market price changes over time.

7. Update Silver Prices Daily (Recommended for Jewellers)

Each day, repeat:

Price List → Select Date → Enter New Rate

Benefits:

• Accurate valuation
• Correct GST on sales
• Transparent billing
• Smooth audit and compliance

8. Benefits of Using TallyPrime 7.0 for Silver Rate Management

TallyPrime 7.0 gives:

• Faster price management
• Auto GST calculations
• Powerful SmartFind search
• Auto backup safety
• Accurate stock valuation
• Easy day-wise rate tracking
• Perfect for jewellers and bullion dealers
• Professional invoice printing

Conclusion

Silver prices in Karol Bagh on 21 November 2025 remained stable and predictable for traders, retailers, and investors.
By implementing these rates inside TallyPrime 7.0 using stock items, units, and price lists, businesses can maintain correct billing, transparent pricing, and accurate GST compliance.

This setup ensures:

• Zero manual rate errors
• Smooth invoicing
• Cleaner accounting
• Professional presentation

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