Silver Price Today in South India – Madurai, Hyderabad, Warangal & Kochi (10 Nov 2025)

Published on: 10-11-2025 Call CA Tally HelpDesk +91 9205471661, 8368262875

Overview

Silver prices across South India remained steady on 10 November 2025, supported by firm global cues and moderate industrial demand. The white metal continues to attract both small investors and jewellery buyers looking for affordable alternatives to gold. In major cities — Madurai, Hyderabad, Warangal, and Kochi — prices showed minimal movement compared with the previous day, signalling a phase of consolidation after the early-November uptick.

�� City-Wise Silver Rates (Indicative)

(Rates are approximate retail values; actual prices vary by jeweller, purity, and tax.)

 City Insights

Madurai (Tamil Nadu)

Madurai’s silver jewellery market saw steady buying interest, especially for pooja articles, anklets, and decorative silverware. Traders noted limited supply but consistent retail orders, keeping prices marginally higher than the previous week.

Local Insight:
Temple towns like Madurai often record strong silver demand during religious functions, helping stabilize local rates even when bullion markets are quiet.

Hyderabad (Telangana)

Hyderabad remained stable with healthy demand from jewellery manufacturers and small industrial users. Retailers in the city’s renowned markets such as Pot Market and General Bazaar reported balanced trade.

Local Insight:
Hyderabad’s established silver-ornament network benefits from quick turnover, maintaining price parity with national averages.

Warangal (Telangana)

Warangal followed Hyderabad’s pricing pattern, with moderate household and investment demand. Wholesalers mentioned a rise in small-bar (100 g–500 g) purchases as customers diversified portfolios ahead of year-end.

Local Insight:
Digital price feeds and improved hallmarking compliance have brought Warangal’s rates within a few rupees of major metros, boosting buyer confidence.

Kochi (Kerala)

Kochi witnessed steady momentum driven by festive gifting and wedding-season purchases. Silver coins and cutlery remained popular for family occasions and religious ceremonies.

Local Insight:
With NRIs contributing to remittance inflows, Kerala’s silver consumption often mirrors gold trends—consistent, disciplined, and price-sensitive.

 Market Drivers (10 Nov 2025)

1. Global Trends:
   COMEX silver prices traded slightly higher amid optimism for industrial recovery in Q4 2025.
2. Rupee Impact:
   A minor rupee depreciation raised landed costs for imported silver, limiting discounts.
3. Seasonal Buying:
   Weddings and festivals in South India kept physical demand alive.
4. Industrial Demand:
   Electronics and solar-panel segments maintained steady offtake.
5. Investment Sentiment:
   Retail investors viewed silver as a lower-entry gateway compared with gold, sustaining price support.

Recording Silver Transactions in Tally Prime

Businesses, jewellers, and CAs can accurately record silver trades or inventory in Tally Prime using these steps:

1. Create Stock Items:
   • Inventory Info → Stock Items → Create
   • Name: “Silver 999 Bars” or “Silver Ornaments 92.5”
   • Unit: Grams or Kilograms
   • Enter daily rate (e.g., ₹98,900 /kg).
2. Record Purchases/Sales:
   • Use Purchase (F9) or Sales (F8) voucher type.
   • Add items with quantity × rate per kg.
   • Include Making Charges and GST (3%) separately.
3. City-Wise Cost Centres:
   • Maintain Madurai, Hyderabad, Warangal, and Kochi as cost centres/godowns.
   • This helps compare branch-wise profitability and inventory levels.
4. Stock Valuation & Reporting:
   • Update daily market rates under Stock Summary → Alt+F12 → Rate per Kg.
   • Generate Stock Valuation and Monthly Movement reports for audit.
5. Compliance Tip:
   • Save daily rate reference screenshots or printouts.
   • Ensure HSN code 7106 is applied correctly for silver goods.

 Buyer Tips

• Choose 92.5 Sterling Silver or 99.9 Fine Silver depending on use (ornaments vs bars).
• Check hallmarking on coins and cutlery to verify purity.
• Compare making charges and tax breakdowns across multiple jewellers.
• Store silver in dry, sealed containers to prevent tarnish.
• For investment, prefer BIS-certified coins or bars with engraving for easy resale.

Outlook & Conclusion

Silver continues to hold its dual identity as both a precious metal and an industrial commodity. On 10 November 2025, South India’s key markets — Madurai, Hyderabad, Warangal, and Kochi — reflected a calm yet optimistic tone.

Prices hovered just below ₹99,000 per kg, indicating stability after weeks of mild fluctuation. Analysts believe silver will maintain this range unless global inflation or dollar strength triggers new momentum.

For consumers, it remains an affordable alternative to gold and a versatile gift option during the festive season.
For accountants and jewellers, Tally Prime offers the ideal system to capture daily rate movements, calculate inventory valuation, and ensure smooth GST compliance.

Whether it’s traditional silverware in Madurai, designer jewellery in Hyderabad, or investment bars in Kochi, silver’s sparkle continues to reflect South India’s evolving yet deeply cultural market pulse.

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