Today’s Silver Price in Laxmi Road, Raviwar Peth, Budhwar Peth, MG Road Camp, Hadapsar & Pimpri–Chinchwad (8 December 2025) – Latest Pune Market Rates & Tally Prime Guide

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Silver continues to be one of the most actively traded precious metals in Pune. From traditional silver anklets and pooja items to modern silver coins for gifting and investment, the demand remains consistently high throughout the year. Pune’s jewellery hubs—Laxmi Road, Raviwar Peth, Budhwar Peth, MG Road Camp, Hadapsar, and the Pimpri–Chinchwad region—remain the top destinations for silver buyers looking for purity, craftsmanship, and price transparency.

Below is today’s updated silver price in Pune, followed by a complete step-by-step guide on how silver traders, retailers, and jewellers can manage silver-related entries in Tally Prime.

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1. Today’s Silver Price in Pune (8 December 2025)

The following silver rates represent the standard benchmark followed across Pune’s jewellery markets. Minor variations may occur due to weight precision, melting charges, and individual shop policies.

Silver Rate Today — Pune (8 Dec 2025)

• Silver (1 gram): approx. ₹165
• Silver (100 grams): approx. ₹16,500
• Silver (1 kilogram): approx. ₹16,500–₹16,800

These rates apply broadly across the city’s key shopping areas:

Laxmi Road Jewellery Market

One of Pune’s oldest and most trusted silver hubs, well-known for heavy silver jewellery, pooja items, and anklets.

Raviwar Peth Jewellery Market

A wholesale-friendly market where buyers get competitive rates on coins, utensils, and pure silver articles.

Budhwar Peth Market

Popular for lightweight, daily-use silver jewellery and custom-made silver accessories.

MG Road – Camp Market

Known for branded jewellery showrooms offering premium designs in silver, purity-certified coins, and gifting products.

Hadapsar Market

Preferred by residents of Magarpatta, Amanora, and nearby IT zones, offering modern silver collections.

Pimpri–Chinchwad Gold & Silver Market

A large retail cluster offering a wide variety of silver ornaments, coins, and customised silverware at transparent pricing.

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2. Why Silver Prices Stay Uniform Across Pune

Unlike gold, silver is traded in larger quantities, so market rates remain almost identical across all areas of Pune. Prices are influenced by:

• National and international bullion markets
• Demand from jewellery and industrial sectors
• Import-related price adjustments
• Daily spot market fluctuations

Retail price differences arise mainly due to:

• Labour and making charges
• Design complexity
• Hallmarking fees
• Seller margin differences

Understanding the base rate helps customers make informed decisions across all markets.

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3. How to Implement Silver Pricing in Tally Prime (Step-by-Step Guide)

For silver traders, jewellers, and retailers, recording transactions accurately in Tally Prime is essential for proper billing, inventory management, and taxation. Follow this complete step-by-step guide.

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Step 1: Create Units of Measurement for Silver

Silver is generally sold in grams, 100 grams, or kilograms.

1. Go to Gateway of Tally → Create → Units
2. Create units such as:
   • Gram (gm)
   • Kilogram (kg)
3. Set decimal places (e.g., 2 or 3) for precise silver weight entries.

This allows smooth handling of silver items in different quantities.

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Step 2: Create Stock Items for Silver Purity

Silver items vary based on purity and design. Create separate stock items such as:

• Silver 999 Coin
• Silver 925 Jewellery
• Silver Utensils
• Silver Articles (Pooja Items)

For each item, select:

• Unit: gm or kg
• Stock Group: Silver / Utensils / Coins (as applicable)

This helps in managing stock category-wise.

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Step 3: Set Up Valuation Method for Silver

Silver prices fluctuate daily, so valuation is important.

Inside each stock item:

1. Press F12 (Configure)
2. Enable Multiple Valuation Methods
3. Choose one of the following valuation methods:
   • Weighted Average Cost
   • Market Valuation (useful when updating daily rates)
   • Last Purchase Cost

This ensures accurate stock valuation for accounting and GST.

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Step 4: Enter Silver Purchase in Tally Prime

When you purchase silver from a supplier:

1. Open Purchase Voucher
2. Select the supplier
3. Enter quantity (in gm or kg)
4. Enter today’s rate (e.g., ₹165 per gram)
5. Add:
   • Making charges (if applicable)
   • Transport/melting charges
   • GST details

This updates both the stock and accounts automatically.

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Step 5: Maintain Silver Inventory for Manufacturing

If you convert raw silver into jewellery or utensils:

• Create a Bill of Materials (BOM)
• Include components such as raw silver weight, labour charges, stones, or fittings
• Use Manufacturing Journal to convert raw silver into finished items

Accurate stock reduction and costing will reflect instantly.

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Step 6: Record Silver Sales

At the time of sale:

1. Open Sales Voucher
2. Select the silver item
3. Enter weight and rate for the day
4. Add making charges
5. Add hallmarking or design charges
6. Apply GST

Tally will generate a complete invoice with correct pricing and stock updates.

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Step 7: Maintain Daily Silver Rate in Tally

It is recommended to update the daily silver rate in a simple ledger or note inside Tally.

Create a section such as:

• Daily Silver Rate – 8 December 2025
• 1g Silver: ₹165
• 100g Silver: ₹16,500
• 1kg Silver: ₹16,500 – ₹16,800

Updating daily helps in:

• Accurate billing
• Correct stock valuation
• Transparency in pricing
• Tracking fluctuations

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4. Benefits of Using Tally Prime for Silver Business

Tally Prime simplifies day-to-day operations for silver traders by offering:

• Real-time inventory management
• Accurate gram-wise stock tracking
• Daily rate adaptability
• GST-compliant billing
• Clear profit margin calculations
• Support for manufacturing entries
• Easy integration with POS systems

Whether you run a small silver shop or a large jewellery showroom, Tally ensures precise financial and stock records.

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Conclusion

On 8 December 2025, silver prices across Pune’s major jewellery markets — including Laxmi Road, Raviwar Peth, Budhwar Peth, MG Road Camp, Hadapsar, and Pimpri–Chinchwad — remain close to ₹165 per gram, making it a favourable day for both investment and jewellery purchases.

By implementing the correct stock setup, valuation methods, and daily rate entries in Tally Prime, traders and jewellers can manage their silver inventory and accounting efficiently, ensuring accuracy, transparency, and seamless billing.

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