Silver Price Calculator & Guide
Wondering how much a silver ring or chain should cost? Use the per-gram silver price calculator below to estimate any piece, then read on to understand exactly how silver jewellery prices are calculated in India.
The silver rate changes daily — enter today's 925 silver rate for an accurate estimate.
Estimated price
₹548
This calculator gives an approximate estimate only. Actual prices depend on the live silver rate, design, stones and seller making charges. Silvesto product prices are shown on each product page, inclusive of taxes.
How Silver Jewellery Prices Are Calculated
The price of any silver piece comes down to four things. Understanding them helps you judge whether a price is fair and shop with confidence.
1. Weight of silver
The biggest factor. Silver is sold by weight, so a heavier ring or chain costs more. Length and thickness drive a chain's weight; band width drives a ring's.
2. The silver rate
The market rate per gram of 925 silver changes daily. Multiply it by the weight to get the metal value — the base of the price.
3. Making charges
A percentage added for craftsmanship, usually 8-25% depending on design complexity. Detailed and stone-set pieces carry higher making charges.
4. GST & stones
GST of 3% applies to silver jewellery in India, and any gemstones add to the total. Everything else being equal, purity (925) and weight decide value.
Silver Price by Category
Explore detailed price guides and shop by category — every Silvesto piece is BIS hallmarked 925 sterling silver with prices shown inclusive of taxes.
Frequently Asked Questions
How is the price of silver jewellery calculated?▼
Silver jewellery price is mainly the weight of silver multiplied by the current silver rate per gram, plus making charges (a percentage for craftsmanship) and GST. Stones and design complexity can add more. Weight is the single biggest factor.
What is the price of 1 gram of silver?▼
The price of 1 gram of silver changes daily with the market silver rate. Enter today's 925 silver rate into the calculator above to estimate the value of any weight, then add making charges and GST for a jewellery price.
How much does a silver ring cost in India?▼
A silver ring typically starts a few hundred rupees for a slim band and rises with weight, design and stones. Because price tracks the weight of silver, you can find genuine 925 sterling silver rings at almost any budget.
How much does a silver chain cost?▼
A silver chain's price depends on its weight, which is set by length and thickness. Slim short chains are the most affordable, while heavy Cuban or rope chains cost more. Use the calculator with the chain weight to estimate the price.
What are making charges on silver jewellery?▼
Making charges are a percentage added for the craftsmanship of turning silver into jewellery. They typically range from around 8% to 25% depending on design complexity, and are charged on top of the metal value.
Is GST applicable on silver jewellery in India?▼
Yes, GST of 3% applies to silver jewellery in India. The calculator above lets you include or exclude GST so you can see both the pre-tax and final estimated price.