Silver Rate Update: Stable Prices in Ranchi, Jamshedpur, Patna & Gaya – Insights and Tally Prime Integration

Published on: 13-11-2025 Call CA Tally HelpDesk +91 9205471661, 8368262875

Market Overview

On 13 November 2025, silver prices in the Eastern Indian markets — Ranchi, Jamshedpur, Patna, and Gaya — remained steady after several weeks of small fluctuations. Investors and jewellers reported consistent demand for silver coins, jewellery, and industrial-grade metal, showing the market’s continued confidence in the white metal.

While global cues such as inflation data and U.S. dollar movement influenced early morning trades, local retail prices in Jharkhand and Bihar maintained a stable trend. Silver traded close to ₹1,650 per 10 grams (approximately ₹1,65,000 per kilogram) in most markets, with minor variations depending on purity and local making charges.

City-Wise Price Trends (Approximate)

Note: Prices are indicative and may vary by jeweller and purity level.

�� Market Insights

The overall silver market in Eastern India has entered a phase of healthy stability. Traders attribute this to:

• A balanced global demand for industrial silver used in solar panels and electronics.
• Seasonal jewellery purchases continuing from the festive period.
• Controlled volatility in international bullion markets.

Silver’s appeal as both an investment and industrial metal keeps it resilient even when gold experiences corrections. For small and medium investors, this makes silver a preferred option for portfolio diversification.

How to Record Silver Rate Updates in Tally Prime

Managing daily silver or gold rate changes is simple with Tally Prime. Here’s how businesses can update and monitor their metal stock efficiently:

Step 1: Create or Update Stock Item

• Go to Gateway of Tally → Inventory Info → Stock Item → Create.
• Name it “Silver – 999 Purity” or as per your requirement.
• Under Units, select Grams or Kilograms.
• In the Rate of Duty (if applicable) section, keep it blank if not required.

Step 2: Enable Batch-wise or Date-wise Pricing

• Navigate to Features (F11) → Inventory Features.
• Enable Batch-wise details and Multiple Price Levels.
• This helps track price changes daily without altering historical records.

Step 3: Update Daily Silver Rate

• Go to Inventory Info → Stock Item Alter → Silver – 999 Purity.
• In the Standard Rates section, input the new rate and effective date (e.g., 13-11-2025).
• Save the entry.

Step 4: Generate Reports

• View Stock Summary, Valuation Reports, or Inventory Analysis to monitor silver value trends.
• You can also link it with Accounting Vouchers to automatically update sale/purchase entries.

 Why Tally Prime is Perfect for Precious Metal Businesses

Tally Prime provides unmatched flexibility and accuracy for bullion traders, jewellers, and retailers. Its built-in inventory control, GST compliance, and data analytics make it an essential accounting companion for businesses dealing with fluctuating commodity rates.

Key Benefits:

• Real-time rate tracking.
• Simplified billing and valuation for gold/silver items.
• Auto-updated GST and accounting entries.
• Easy comparison between purchase and sale price trends.

 Final Thoughts

The silver market in Ranchi, Jamshedpur, Patna, and Gaya has shown commendable stability, giving confidence to traders and investors alike. With efficient tools like Tally Prime, managing metal inventories and daily price updates becomes smoother and more transparent — bridging the gap between traditional trade and digital accounting intelligence.

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