Silver Prices in Karol Bagh Delhi – Complete Buying Guide (29 November 2025)

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Silver Prices in Karol Bagh Delhi – Complete Buying Guide (29 November 2025)
By CA. Priya Tanvi   |   Published on: 01-12-2025 | 6 min read

Karol Bagh is one of Delhi’s most trusted and busiest jewellery markets—not only for gold but also for silver jewellery, silver coins, silver idols, bullion, and gift items. From Bank Street to Ajmal Khan Road, the area offers a mix of traditional jewellers, branded stores, and competitive local shops known for purity, variety, and fair pricing.

Below is the complete guide to Silver Prices in Karol Bagh Delhi (29 November 2025) and how these rates apply across different jewellery pockets in the market.


Silver Rates in Delhi (29 November 2025)

(Applicable across all Karol Bagh silver markets)

  • Silver 999 (Pure Silver): ₹1,542 per gram

  • Silver 925 (Sterling Silver): ₹1,426 per gram

  • Silver Coins (999 Hallmarked): ₹1,552–₹1,590 per gram

  • Silver Bars/Bullion (999): Price based on weight slabs

These are the standard bullion rates. Final prices may vary due to making charges, design complexity, purity, and shop policies.


Area-Wise Silver Buying Guide in Karol Bagh (29 Nov 2025)

1. Bank Street Karol Bagh – Largest Silver Market Hub

Bank Street is the heart of silver buying in Karol Bagh. It has premium jewellers, legacy stores, and wholesalers who deal in both silver jewellery and silver bars.

What to Expect

  • Silver rate follows Delhi bullion rate

  • Making charges: 6%–15% (depending on design)

  • Large collection: idols, utensils, chains, anklets, heavy chokers

  • Hallmarked silver pieces available

  • Ideal for gift items and wedding silver

Best For

Buyers who want variety, purity, and trusted jewellers.


2. Ajmal Khan Road – Popular for Branded Silver Jewellery

This street offers modern and branded silver jewellery options with excellent finishing.

What to Expect

  • Silver prices follow brand transparency

  • Making charges slightly higher but fixed

  • Best for modern 925 sterling jewellery

  • Good for gifting and designer pieces

Best For

Buyers who prefer ready-made designs and brand assurance.


3. Gaffar Market – Best for Budget Silver Shopping

Gaffar Market is known for competitive pricing in silver ornaments and daily-wear lightweight items.

What to Expect

  • Same silver rate as rest of Delhi

  • Lower making charges: 4%–10%

  • Popular for anklets, toe rings, bangles, kids’ jewellery

  • Good for silver coins in small weights

Best For

Customers seeking budget-friendly sterling silver jewellery.


4. Tank Road & Nearby Lanes – Quick Silver Purchases

These areas offer a mix of small-to-mid-range silver shops with attractive pricing.

What to Expect

  • Standard bullion-based silver pricing

  • Mix of traditional and trendy designs

  • Lighter crowds compared to Bank Street

Best For

Quick silver jewellery or coin purchases without heavy rush.


Why Silver Prices Are the Same Across Karol Bagh

Across Bank Street, Gaffar Market, Ajmal Khan Road, and Tank Road, the base silver metal rate never changes, because:

  • Delhi follows IBMA-based bullion prices

  • Rates update daily based on global silver prices

  • Shops cannot alter metal rate—only design charges vary

Price differences come from:

  • Making charges

  • Craftsmanship

  • Purity (925 vs 999)

  • Hallmarking

  • Weight variants


How Karol Bagh Shops Calculate Silver Jewellery Price

Jewellery Price = (Silver Rate × Weight) + Making Charges + Hallmark Fee + GST (3%)

Example for Silver 925 Jewellery (29 Nov 2025)

  • Silver rate: ₹1,426 per gram

  • Weight: 50 grams

  • Making charges: 10%

Price before GST =
1,426 × 50 + (1,426 × 50 × 10%)
= ₹71,300 + ₹7,130 = ₹78,430

With 3% GST → ₹80,783 approx.


Tips for Silver Buyers in Karol Bagh

✔ Check Purity (925 or 999)

Look for hallmarking on coins, bars, and jewellery.

✔ Compare Making Charges

Bank Street → higher
Gaffar Market → lowest

✔ Ask for a Proper Invoice

Must include:

  • Silver rate per gram

  • Weight

  • Making charges

  • GST

  • Hallmark charges (if any)

✔ For Silver Coins & Bars

Prefer reputed shops on Bank Street for 999 purity.

✔ For Modern Sterling Jewellery

Ajmal Khan Road is ideal.


Conclusion

Karol Bagh remains one of Delhi’s best markets for silver jewellery, coins, and bars. The Silver Prices in Karol Bagh Delhi (29 November 2025) match standard Delhi bullion rates, but final pricing depends on making charges, purity, and craftsmanship. Whether you're shopping at Bank Street, Ajmal Khan Road, Gaffar Market, or Tank Road, Karol Bagh offers both premium and budget-friendly silver options—making it a perfect destination for all silver buyers.


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