Silver Rate Today (9 December 2025) in South Delhi – Mehrauli, INA, Saket, GK-I M Block & Lajpat Nagar with Tally Prime Implementation Guide

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Silver continues to attract strong buying interest in South Delhi due to its affordability, industrial demand, and rising popularity in household gifting. Markets like Mehrauli, INA, Saket, GK-I, and Lajpat Nagar remain the preferred destinations for purchasing silver bars, coins, utensils, and jewellery.

Here are the indicative local silver rates recorded today across major South Delhi markets.

1. Mehrauli Market (Near Qutub Area)

Silver 999 (Pure Silver): ₹78,400 per kg
Silver 925 (Sterling Silver): ₹72,500 per kg

Mehrauli is well-known for its trusted bullion traders offering competitive and transparent pricing. Buyers often prefer this market for bulk silver and antique-style jewellery.

2. INA Market & Jewellery Zone

Silver 999: ₹78,650 per kg
Silver 925: ₹72,700 per kg

INA Market remains one of the most reliable places for certified silver bars and gifting items. Most sellers provide purity certificates, making it a safe choice for investment-grade silver.

3. Saket (Select Citywalk & DLF Avenue)

Silver 999: ₹79,000 per kg
Silver 925: ₹73,000 per kg

Saket houses premium silver boutiques and branded showrooms. Buyers find modern, lightweight silver jewellery and designer silverware collections here.

4. Greater Kailash – GK-I (M Block Market)

Silver 999: ₹79,250 per kg
Silver 925: ₹73,150 per kg

GK-I markets offer premium silver items including handcrafted jewellery, intricate utensils, and customized silver gift boxes. The quality and craftsmanship reflect in the pricing.

5. Lajpat Nagar Jewellery Market

Silver 999: ₹78,500 per kg
Silver 925: ₹72,600 per kg

Lajpat Nagar offers good variety at reasonable prices, from silver anklets to household items like pooja articles and decorative silver sets.

 Silver Rate Comparison – 9 December 2025

Price variations occur due to local demand, workmanship, branding, and purity testing standards.

 How to Implement Today’s Silver Rates in Tally Prime

Silver traders, jewellers, and wholesalers can easily track daily silver price variations using Tally Prime. Accurate rate updates ensure correct billing, stock valuation, and GST calculations.

Here is a simple, practical guide.

Step 1: Create Silver Stock Items

1. Go to Gateway of Tally → Create → Stock Item
2. Name the item (Example: Silver 999)
3. Choose under group: Bullion / Metals
4. Unit: Kilogram or Gram
5. Set GST @ 3%
6. Save.

Repeat the process for:

• Silver 925
• Any additional purity or specific silver items

Step 2: Activate Standard Rate Feature in Tally Prime

1. Press F11 → Inventory Features
2. Enable Allow Standard Rates
3. Save.

This option allows you to store day-wise silver rates.

Step 3: Enter Silver Rate for 9 December 2025

1. Go to Inventory Info → Stock Item (Alter)
2. Select Silver 999
3. In Standard Rates, enter:

Enter corresponding values for Silver 925.

Tally uses these rates automatically for vouchers created on the same date.

Step 4: Record Silver Purchases

1. Open Purchase Voucher (F9)
2. Select your supplier market (e.g., INA Market)
3. Enter silver purity and quantity
4. Tally auto-fills today’s standard rate
5. GST is calculated automatically.

This maintains correct cost and stock valuation.

Step 5: Record Silver Sales Using Updated Rates

1. Open Sales Voucher (F8)
2. Select customer
3. Choose the silver stock item
4. Enter quantity
5. Rate appears automatically (based on date)
6. Add making charges separately if applicable
7. Save invoice.

Your sale value now aligns with the updated daily silver rates.

Step 6: Update Silver Prices Daily

Updating daily ensures:

• Accurate customer billing
• Clear profit margins
• Correct GST filing
• Realistic stock valuation
• Better pricing transparency

Most silver businesses update rates every morning before opening billing counters.

FAQs

1. What is the silver rate today in South Delhi (9 December 2025)?

The price of silver 999 ranges between ₹78,400 and ₹79,250 per kg across Mehrauli, INA Market, Saket, GK-I, and Lajpat Nagar. Prices vary slightly based on purity testing, labour, and shop type.

2. Which market offers the best silver prices in South Delhi?

Mehrauli and Lajpat Nagar generally offer the most competitive silver prices as they host many bullion traders and wholesale dealers.

3. Is silver more expensive in Saket and GK compared to other markets?

Yes, premium markets such as Saket and GK often charge higher rates due to superior craftsmanship, designer items, and branded showrooms.

4. Do South Delhi markets sell hallmark silver?

Many jewellers provide purity-certified silver products. For bullion, look for 999 purity stamping and a proper invoice.

5. How can I update silver prices in Tally Prime?

Use the Standard Rate feature in Tally Prime.
Open Stock Item → Standard Rate → Enter date + rate → Save.

6. Can Tally Prime maintain different silver rates for different markets?

Yes. You can organize your stock by godown/location (Mehrauli, INA, Saket, etc.) or create separate stock items for each source.

7. Does the silver rate include making charges?

No. Market prices reflect only the silver value. Making charges for utensils or jewellery are billed separately.

8. How often should silver rates be updated in Tally Prime?

Silver rates should be updated daily, as bullion prices fluctuate regularly.

9. Can Tally Prime calculate GST automatically on silver billing?

Yes. If GST (3%) is assigned to silver stock items, Tally handles taxation automatically during purchase and sales entries.

10. Which South Delhi market is best for silver coins and utensils?

INA Market, Mehrauli, and Lajpat Nagar are preferred for silver coins, bars, and household gifting items due to good purity verification and broad variety.

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