Silver Rate Today (10 Dec 2025) in Tilak Nagar, Rajouri Garden, Janakpuri, Uttam Nagar, Vikaspuri & Paschim Vihar – How to Record in TallyPrime

Call CA Tally HelpDesk +91 9205471661, 8368262875

Silver is one of the most actively traded precious metals in West Delhi’s jewellery and bullion markets. Whether buyers are looking for silver jewellery, coins, bars, or pooja items, West Delhi markets such as Tilak Nagar, Rajouri Garden, Janakpuri, Uttam Nagar, Vikaspuri, and Paschim Vihar follow the standard daily Delhi bullion rate as their benchmark.

This article explains today’s silver price, how these West Delhi markets typically apply the rate, and provides a complete step-by-step TallyPrime guide for recording silver purchases, sales, and inventory valuation.

1. Silver Rate in West Delhi – 10 December 2025

As of 10 December 2025, the approximate benchmark silver rate followed across West Delhi markets is:

• Silver (99.9% pure): ₹ per gram
• Silver (999 bar/coin rates): ₹ per kg

(Note: Actual KG price is determined by multiplication of gram rate × 1000, adjusted by jeweller’s premium.)

These base rates help jewellers compute final prices for:

• Silver jewellery
• Silver coins (10g, 20g, 50g, 100g)
• 1 KG silver bars
• Silver pooja articles

Final customer pricing depends on:

• Making charges
• Wastage
• Design complexity
• GST
• Packaging and certification charges

2. Market-wise Overview of Silver Buying Trends

Tilak Nagar Jewellery Market

A popular destination for traditional silver jewellery, kids’ jewellery, pooja items, and oxidized silver. Shops often offer competitive making charges.

Rajouri Garden – Main Market

Known for premium designs and high-quality silver gift items. Shoppers prefer it for bridal gifting and premium silverware.

Janakpuri District Centre (DDU Marg)

Customers visit for hallmark-certified silver coins and bars due to transparent billing and trusted jewellers.

Uttam Nagar Main Market

A budget-friendly local hub where lightweight silver jewellery and daily-use silverware are popular.

Vikaspuri & Paschim Vihar

Neighborhood jewellers offer custom silver jewellery, personalized engraving, and special gifting solutions.

3. How Jewellers Use Today’s Silver Rate in West Delhi

West Delhi jewellers typically follow a simple pricing method:

1. Base silver rate (per gram)
2. Add making charges (usually lower than gold)
3. Add wastage (if applicable)
4. Add GST
5. Add finishing/packaging cost (optional)

Since silver prices fluctuate daily, most jewellers recheck the rates every morning before making invoices and updating price boards.

4. How to Record Silver Rate & Transactions in TallyPrime (Step-by-Step Guide)

If you are a jeweller, bullion trader, or inventory-heavy business, these steps ensure accurate silver valuation, sales billing, and stock reporting.

Step 1: Create Unit of Measure (GRAM / KILOGRAM)

Go to Gateway of Tally → Create → Units

Create:

• Gram (gm) with decimal places: 2
• Kilogram (kg) linked to 1000 grams (if you sell 1 kg bars)

This allows accurate entry of coins, jewellery weight, and KG bars.

Step 2: Create Stock Items for Silver

Go to Inventory Info → Stock Items → Create

Create:

• Silver 999 (Bars/Coins)
• Silver 92.5 (Sterling Jewellery)
• Silver Articles / Pooja Items

Set:

• Stock Group: Precious Metals
• UoM: Gram or Kg
• GST: As per your compliance settings

Step 3: Update Today’s Silver Rate in TallyPrime

There are two practical methods:

A. Enter Rate in Stock Item Master

Useful if rate is stable for the day.

• Open Stock Item → Price Levels/Rate
• Enter Today’s Rate
• Save

B. Enter Rate During Purchase Entry

Preferred due to daily rate changes.

• Go to Purchase Voucher
• Select Silver Item
• Enter quantity (gm or kg)
• Enter today’s rate manually
• Add GST and charges

This method ensures accurate valuation for each lot.

Step 4: Record Purchase of Silver

In Purchase Voucher:

• Select Silver 999 or Silver Jewellery
• Enter weight
• Enter today’s rate
• Add:
  • Making charges
  • Wastage (if any)
  • GST
  • Additional expenses (packing/transport)

TallyPrime automatically updates average cost and stock availability.

Step 5: Record Sale of Silver Jewellery or Coins

Use Sales Voucher:

• Select customer
• Choose silver stock item
• Enter weight & rate
• Add making charges (if applicable)
• Add GST
• Print invoice with hallmark/purity details

You can also configure:

• Auto-stamp of purity (999 / 92.5)
• Engraving charges
• Customised invoice design

Step 6: Track Stock & Profitability

TallyPrime instantly reflects:

• Closing stock of silver
• Stock value based on weighted average
• Profit on each sale
• Batch-wise valuation, if enabled
• Manufacturing/Conversion of silver items

Daily rate updates ensure accurate profit margins and audit-ready bookkeeping.

5. Why Updating Silver Rate Daily in TallyPrime Matters

• Prevents undervaluation or overvaluation
• Ensures correct selling price
• Helps maintain proper stock ledger
• Supports accurate GST reporting
• Builds customer trust through transparent billing

Jewellers in West Delhi can streamline their accounting by updating silver rates each morning and using structured entries in TallyPrime.

6. FAQs

Q1. Do all West Delhi markets use the same silver rate?

Yes, the base rate is mostly identical, but final pricing differs depending on design and making charges.

Q2. What purity is used for silver jewellery?

Most silver jewellery is 92.5 (sterling silver), while coins and bars are 999 purity.

Q3. Should jewellers update silver rates daily in TallyPrime?

Absolutely. Silver prices fluctuate, so daily updates ensure accurate valuation and billing.

Q4. Can TallyPrime manage different purities of silver?

Yes. Create separate stock items for each purity and maintain accurate purchases and sales.

Q5. Who helps jewellers set up TallyPrime in West Delhi?

Binarysoft Technologies offers complete implementation, configuration, automation, and training for jewellers using TallyPrime.

Powered by Binarysoft Technologies
Authorized Tally Partner
Location : 1626/33, 1st Floor, Naiwalan, Karol Bagh, New Delhi – 110005, INDIA
Contact us : +91 7428779101, 9205471661, 8368262875
Email us :  tally@binarysoft.com (10:00 AM – 6:00 PM, Mon–Fri)