Silver Prices in Karol Bagh — Bank Street / Ajmal Khan Road / Pusa Road (28 November 2025) & How to Apply These Rates in Tally Prime

Published on: 28-11-2025 Call CA Tally HelpDesk +91 9205471661, 8368262875

Karol Bagh is one of Delhi’s most active and reliable markets for silver trading. The Bank Street and Ajmal Khan Road belt is home to some of the oldest bullion dealers, jewellery wholesalers, and retail showrooms. Whether you buy silver for jewellery, utensils, coins, or investment-grade bars, the daily price fluctuation impacts both purchasing decisions and accounting entries.

For businesses, accountants, and jewellery traders, recording the correct silver rate in Tally Prime is essential for accurate stock valuation, billing, and GST compliance.

This article covers the Karol Bagh silver rate on 28 November 2025 and offers a complete step-by-step guide to implementing these rates in Tally Prime.

Silver Rate in Karol Bagh — 28 November 2025

On 28 November 2025, the approximate silver rates in the Karol Bagh area were:

• Silver 999 (Pure Silver): ~₹1,560 per 10 grams
• Silver 925 (Sterling Silver): ~₹1,440 per 10 grams

These rates are the standard Delhi bullion rates, widely followed in Karol Bagh. Final retail prices may differ slightly based on shop margin, purity, making charges, and polishing.

Silver, compared to gold, usually fluctuates more frequently due to industrial demand and global market movement. Therefore, businesses dealing in silver must update their accounting systems consistently.

Why Silver Prices Vary Daily

Silver prices change often because of:

• International commodity market movement
• Rupee-Dollar exchange rate
• Industrial demand (electronics, solar, machinery)
• Wholesale supply availability
• Purity differences (999, 925, 900, etc.)
• Labour and design charges in jewellery or utensils

Traditional markets like Karol Bagh show these changes very clearly, especially in wholesale lanes such as Bank Street and Gurdwara Road.

How Silver Jewellery & Items Are Priced in Karol Bagh

Like gold, silver jewellery and articles follow a transparent price structure. Typical components include:

1. Metal Value

Weight × Daily Silver Rate

2. Making Charges

Jewellers apply making charges depending on design complexity:

• Simple designs: low making charges
• Intricate items: higher labour cost

3. Purity Level

Silver 925 and 900 items are cheaper than silver 999.

4. Polishing Charges

Applied for oxidized or antique finish jewellery.

5. GST (3%)

Calculated on the final amount.

For correct billing and stock valuation, these components must be entered accurately in Tally Prime.

How to Apply Silver Rates in Tally Prime (Step-By-Step Guide)

Below is the simplest and most accurate method for silver traders, jewellers, wholesalers, and accountants.

Step 1 – Create Silver Stock Items

1. Go to Gateway of Tally → Create → Stock Item
2. Enter name based on purity:
   • Silver 999
   • Silver 925
3. Set Unit as:
   • Grams
   • Kilograms (if you deal in bulk)
4. Press F12 and enable:
   • Provide Standard Buying/Selling Rates
   • Advanced Stock Features
5. Save the item

This prepares Tally to accept daily silver rates.

Step 2 – Enter the Silver Rate for 28 November 2025

Open Stock Item → Standard Rates

Enter:

• Date: 28-11-2025
• Rate (Silver 999): ₹1,560 per 10 grams
• Rate (Silver 925): ₹1,440 per 10 grams

Tip:
If your business uses grams, convert accordingly and save per-gram rate.

Step 3 – Create a Purchase Voucher (F9)

Whenever you buy silver from a wholesaler:

1. Go to F9: Purchase Voucher
2. Select the appropriate silver stock item
3. Enter weight/quantity in grams or kg
4. Tally fetches the rate from Standard Rate automatically
5. Add other cost ledgers:
   • Making Charges
   • Melting/Polishing Charges
   • Packaging
   • GST @ 3%

This ensures that you capture both metal value and additional costs clearly.

Step 4 – Track Stock Value & Profit in Tally

Open:
Gateway of Tally → Stock Summary

This will show:

• Total silver quantity
• Value of each purity
• Cost of goods sold
• Weighted average value
• Item-wise profitability

For silver traders dealing in high-volume commodities, these reports help maintain real-time control on business performance.

Advantages of Updating Silver Rates in Tally Prime Daily

✔ Accurate Stock Valuation

Silver prices fluctuate more than gold, making regular updates essential.

✔ Transparent Billing

Your invoices reflect exact silver value and correct GST calculation.

✔ Better Profit Calculation

You can quickly compare purchase rates vs selling rates.

✔ Smooth Audit & Tax Compliance

All components—purity, making charges, GST—are recorded properly.

✔ Improved Business Management

Daily rate entry helps prevent losses in volatile silver markets.

Conclusion

Karol Bagh remains one of Delhi’s best places for buying silver — whether it is jewellery, coins, utensils, or investment-grade bars. On 28 November 2025, silver traded at around ₹1,560 per 10 grams (999 purity) and ₹1,440 per 10 grams (925 purity).

By regularly updating these rates in Tally Prime, you can maintain accurate stock valuation, generate error-free invoices, monitor profits, and stay fully compliant. Whether you are a jeweller, retailer, accountant, or bulk trader, proper rate management in Tally ensures professional and precise financial records.

FAQs

Q1. Which purity of silver is most common in Karol Bagh?

Silver 925 is widely used for jewellery, while 999 purity is used for coins and bars.

Q2. Can I update silver rates daily in Tally Prime?

Yes. Use the Standard Rate option in Stock Items.

Q3. How to record making charges for silver utensils?

Create a ledger named Making Charges – Silver and add it in purchase/sale vouchers.

Q4. Does GST apply to silver items?

Yes, silver items are taxed at 3% GST.

Q5. Can Tally calculate stock value automatically?

Yes, Tally Prime updates value based on the latest standard rate or purchase rate.

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