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Silver prices are being closely tracked in Udaipur on 17 December 2025, especially by buyers and traders in Bapu Bazaar, Surajpole, Hiran Magri, and Chetak Circle. Due to strong global bullion trends, many people notice higher silver price figures online, which often leads to confusion about the actual rates followed in local Udaipur markets.
This article explains today’s silver rate in Udaipur, why reference prices appear higher, and how local jewellery and bullion markets determine the final selling price.
Silver Price (₹ per kg)
|
Purity |
Rate |
|
Silver (999 Fine) |
~₹158,900 |
This is a reference value derived from international bullion markets and currency conversion.
It is not the final selling price used by local silver traders in Udaipur.
The higher silver rate seen online is due to:
When converted into per-kilogram reference values, the rate appears higher than normal retail quotations.
Local silver markets in Udaipur operate independently of international reference prices.
Bapu Bazaar
Surajpole
Hiran Magri
Chetak Circle
Difference Between Reference Silver Rate and Local Udaipur Rate
|
Aspect |
Reference Rate |
Local Market Rate |
|
Source |
International bullion |
Local bullion market |
|
Purpose |
Trend & investment |
Physical silver buying |
|
Used for billing |
❌ No |
✅ Yes |
|
Used for GST |
❌ No |
✅ Yes |
|
Used in accounting |
❌ No |
✅ Yes |
Local traders in Udaipur do not sell silver at international reference prices.
Which Silver Rate Should Buyers Trust in Udaipur?
For purchases in:
Buyers should rely on:
Silver prices mentioned above represent reference values for 17 December 2025 based on global bullion trends. Actual silver prices in Bapu Bazaar, Surajpole, Hiran Magri, and Chetak Circle, Udaipur may vary depending on purity, making charges, GST, and individual jeweller pricing policies.
On 17 December 2025, online silver prices reflect global market trends, not actual local selling prices. Buyers in Udaipur should rely on local jeweller rates for purchases while using reference prices only to understand broader silver market movements.
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