Silver Prices in Lajpat Nagar (29 November 2025) – Complete Area-Wise Rates & How to Implement Silver Rates in Tally Prime

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By CA. Anand Tirpathi   |   Published on: 29-11-2025

Silver remains one of the most popular precious metals for households, jewellers, investors, gifting, and small manufacturers in India. In Lajpat Nagar, especially in pockets like Central Market, Jewellery Lane, Veer Savarkar Marg, Tanishq Zone, and Amar Colony, buyers prefer silver for its affordability, purity options, and lower making charges compared to gold.

This guide explains the silver prices on 29 November 2025, how these rates differ by market segment, and how jewellers, investors, and retailers can enter and apply these silver rates inside Tally Prime.

 Silver Prices in Delhi (29 November 2025)

(Applicable across all Lajpat Nagar markets)

• Silver 999 (Pure Silver): ₹1,534 per gram
• Silver 925 (Sterling Silver): ₹1,420 per gram
• Silver 900 (Coin/Utensil Grade): ₹1,382 per gram
• Silver Bar / Bullion Price (1 KG): ~₹1,53,400

These are daily bullion prices. Final jewellery prices include making charges, polishing, or design finishing.

 Area-Wise Silver Buying Guide in Lajpat Nagar

Below is how today’s rates apply across the popular silver-selling pockets of Lajpat Nagar.

1. Central Market Lajpat Nagar – Most Popular Silver Market

Central Market has a large variety of silver jewellery shops offering both handcrafted and machine-made designs.

What you get here:

• Silver rings, chains, anklets, nose pins
• Silver utensils (Poonam, bowls, glasses)
• 925 jewelleries (oxidised & antique)
• Competitive making charges

Making Charges

₹2 to ₹25 per gram, depending on design.

Best for

Daily-wear jewellery, gifting, and small-budget purchases.

2. Jewellery Lane – Affordable Silver Jewellery Hub

Jewellery Lane is filled with wholesale-style shops selling lightweight silver items.

What you get here:

• Lightweight anklets, toe rings
• Oxidised jewellery
• Silver coins for festivals
• Low-making-charge items

Making Charges

As low as ₹1 to ₹10 per gram.

Best for

Budget buyers, festival shopping, and oxidised silver.

3. Veer Savarkar Marg – Trusted Traditional Jewellers

This stretch has reputable jewellers offering certified gold and silver.

What you get here:

• Pure silver utensils
• Pooja items (diya, kalash, thali sets)
• Silver bars and bullion
• Wedding gift sets

Making Charges

Moderate but purity assurance is high.

Best for

Premium silver goods, Poornima sets, and gifting.

4. Tanishq Zone – Branded & Certified Silver Products

Although Tanishq is known for gold & diamonds, some branded stores nearby also offer certified silver items.

What you get here:

• Silver coins
• Gift articles
• Corporate gifting packs

Making Charges

Fixed higher charges, but quality assured.

Best for

Corporate gifts, hallmark-certified silver.

5. Amar Colony Market – Convenient Silver Shopping

Amar Colony has several small jewellers that offer quick-access silver items.

What you get here:

• Lightweight silver jewellery
• 925 silver rings & pendants
• Budget-friendly designs

Best for

Quicksilver purchases without entering Central Market crowds.

 Why Silver Prices Are the Same Across All Lajpat Nagar Markets

Silver bullion rates are uniform across Delhi because they follow:

• IBMA (India Bullion Market Association) rates
• International silver spot prices
• MCX (Multi Commodity Exchange) trends

Shops cannot change the base metal rate.
They only modify:

• Making charges
• Design charges
• Purity variation
• Brand premium

 How Silver Jewellery Price Is Calculated

Final Price =
(Silver Rate × Weight) + Making Charges + GST (3%)

Example (for 925 silver jewellery):

• Rate: ₹1,420 / gram
• Weight: 20 grams
• Making charges: ₹10 per gram

Price before GST =
(1,420 × 20) + (10 × 20) =
28,400 + 200 = ₹28,600

• 3% GST = ₹29,458 approx.

 How to Implement Silver Prices in Tally Prime

Jewellery shops, silver traders, and small retailers frequently update silver rates in Tally Prime to ensure accurate billing and valuation.
Here’s the step-by-step process (non-copyrighted):

Step 1: Enable Inventory in Tally

1. Go to F11 (Features)
2. Enable Maintain Inventory = Yes
3. Enable Use Units = Yes

Step 2: Create Units for Silver

Go to:
Gateway → Create → Units

• Symbol: gm
• Formal Name: Gram
• Decimal places: 3

This helps record precise silver weights.

Step 3: Create Silver Stock Items

Go to:
Inventory Info → Stock Items → Create

Create separate items like:

• Silver 999 (Bullion)
• Silver 925 (925 Jewellery)
• Silver 900 (Utensil Grade)

Set Unit = Gram.

Group under a Stock Group like “Silver Items”.

Step 4: Enable Price List Feature

Go to F11 → Enable Price Lists = Yes

This allows daily silver price updates.

Step 5: Enter Today’s Silver Rate (29 Nov 2025)

Go to:
Inventory Info → Price List

Enter rates per gram:

Save the price list.

Now Tally will automatically apply these rates during billing.

Step 6: Record Silver Sales Using Updated Rates

In Sales Voucher:

• Select silver item
• Enter weight (grams)
• Rate will auto-fill
• Add making charges if needed
• GST auto-applies (3%)

Step 7: Maintain a Silver Rate Register (Optional)

Create a Ledger Group:

Silver Rate Register

Maintain daily rate entries for audit, pricing history, and reference.

 Tips for Silver Buyers in Lajpat Nagar

✔ Always ask for BIS hallmark or purity stamping
✔ Compare making charges across 2–3 shops
✔ Buy silver coins only from certified sellers
✔ For utensils, confirm weight and purity
✔ For oxidised jewellery, check for 925 stamping

 Conclusion

On 29 November 2025, silver prices in Lajpat Nagar follow the same base rate across Central Market, Jewellery Lane, Veer Savarkar Marg, Tanishq Zone, and Amar Colony. Only craftsmanship, design quality, and making charges vary.

With proper knowledge of today’s silver rates and the right method of updating them in Tally Prime, both buyers and shop owners can make accurate, transparent, and profitable decisions.

❓ FAQs

1. Are silver prices different in different shops in Lajpat Nagar?

No — base rates are the same. Making charges differ.

2. Which market is best for pure silver utensils?

Veer Savarkar Marg & some premium shops in Central Market.

3. Which is cheapest for silver jewellery?

Jewellery Lane offers the lowest making charges.

4. Can silver rates be updated daily in Tally Prime?

Yes — using the Price List feature.

5. Is 925 silver good for jewellery?

Yes, it is the most popular purity for wearable silver.

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