Silver rate today in Ratlam: ₹2,20,829 a kg
Silver rate today in Ratlam: ₹2,20,829 per kg (₹220.83 per gram, ₹2,208 per 10 grams). Source: IBJA silver 999 closing (PM) benchmark of 1 October 2026, without 3% GST and making charges.
IBJA closing (PM) rate of Thu, 1 Oct 2026. Last updated 08:50 IST. Source and method
IBJA does not publish rates on Saturdays, Sundays and its listed holidays, so the latest working day's rate is shown.
Indicative rate for Ratlam, based on the IBJA benchmark; local jewellers add making charges and may differ slightly. There is no official per-city silver rate feed, so we do not add made-up city premiums.
Silver, 1 gram
₹220.83
+0.18%
Silver, 1 kg
₹2,20,829
+₹394
7 day change
-3.25%
-₹7,419 / kg
30 day change
-4.16%
-₹9,590 / kg
Silver rate in Ratlam by weight
| Weight | Today | Previous working day | Change |
|---|---|---|---|
| 1 g | ₹220.83 | ₹220.44 | +₹0.39 |
| 10 g | ₹2,208 | ₹2,204 | +₹4 |
| 100 g | ₹22,083 | ₹22,044 | +₹39 |
| 1 kg | ₹2,20,829 | ₹2,20,435 | +₹394 |
Today vs previous working day
Silver is up by ₹394 per kg (+0.18%) compared with the IBJA closing rate of Wed, 30 Sep 2026 (₹2,20,435).
On 1 October 2026 the opening (AM) rate was ₹2,21,954 and the closing (PM) rate ₹2,20,829 per kg.
In the last 30 days (21 trading days) silver ranged from ₹2,20,435 on 30 Sep 2026 to ₹2,36,908 per kg on 18 Sep 2026.
Gold to silver ratio
67.1 grams of silver per gram of 24K gold
Computed from today's IBJA rates: 24K gold ₹14,814 per gram divided by silver 999 ₹220.83 per gram.
1 year change: not enough stored history yet (our IBJA silver data starts 4 Jun 2026).
Silver rate chart
Silver rate in Ratlam for the last 30 days
| Date | Silver (1 kg) | Change | Per gram |
|---|---|---|---|
| Thu, 1 Oct 2026 | ₹2,20,829 | +₹394 | ₹220.83 |
| Wed, 30 Sep 2026 | ₹2,20,435 | -₹1,165 | ₹220.44 |
| Tue, 29 Sep 2026 | ₹2,21,600 | -₹1,453 | ₹221.60 |
| Mon, 28 Sep 2026 | ₹2,23,053 | -₹9,297 | ₹223.05 |
| Fri, 25 Sep 2026 | ₹2,32,350 | +₹4,102 | ₹232.35 |
| Thu, 24 Sep 2026 | ₹2,28,248 | -₹4,518 | ₹228.25 |
| Wed, 23 Sep 2026 | ₹2,32,766 | -₹156 | ₹232.77 |
| Tue, 22 Sep 2026 | ₹2,32,922 | -₹2,070 | ₹232.92 |
| Mon, 21 Sep 2026 | ₹2,34,992 | -₹1,916 | ₹234.99 |
| Fri, 18 Sep 2026 | ₹2,36,908 | +₹7,266 | ₹236.91 |
| Thu, 17 Sep 2026 | ₹2,29,642 | -₹1,695 | ₹229.64 |
| Wed, 16 Sep 2026 | ₹2,31,337 | +₹2,596 | ₹231.34 |
| Tue, 15 Sep 2026 | ₹2,28,741 | -₹179 | ₹228.74 |
| Fri, 11 Sep 2026 | ₹2,28,920 | -₹4,722 | ₹228.92 |
| Thu, 10 Sep 2026 | ₹2,33,642 | -₹1,607 | ₹233.64 |
| Wed, 9 Sep 2026 | ₹2,35,249 | +₹1,423 | ₹235.25 |
| Tue, 8 Sep 2026 | ₹2,33,826 | +₹2,176 | ₹233.83 |
| Mon, 7 Sep 2026 | ₹2,31,650 | -₹3,806 | ₹231.65 |
| Fri, 4 Sep 2026 | ₹2,35,456 | +₹2,923 | ₹235.46 |
| Thu, 3 Sep 2026 | ₹2,32,533 | +₹4,137 | ₹232.53 |
| Wed, 2 Sep 2026 | ₹2,28,396 | -₹2,023 | ₹228.40 |
| Tue, 1 Sep 2026 | ₹2,30,419 | -₹6,780 | ₹230.42 |
| Mon, 31 Aug 2026 | ₹2,37,199 | -₹6,693 | ₹237.20 |
| Fri, 28 Aug 2026 | ₹2,43,892 | +₹4,392 | ₹243.89 |
| Thu, 27 Aug 2026 | ₹2,39,500 | -₹3,459 | ₹239.50 |
| Wed, 26 Aug 2026 | ₹2,42,959 | +₹1,111 | ₹242.96 |
| Tue, 25 Aug 2026 | ₹2,41,848 | -₹3,543 | ₹241.85 |
| Mon, 24 Aug 2026 | ₹2,45,391 | -₹1,239 | ₹245.39 |
| Fri, 21 Aug 2026 | ₹2,46,630 | +₹8,864 | ₹246.63 |
| Thu, 20 Aug 2026 | ₹2,37,766 | +₹8,541 | ₹237.77 |
Full silver price history with monthly highs, lows and averages.
Silver rate in Ratlam: local information
Ratlam is in Madhya Pradesh. The nearest large city we track is Indore, about 106 km away; bullion dealers in both cities follow the same national benchmark. The BIS list has 5 operative assaying and hallmarking centres in Ratlam district, listed below, where you can get jewellery tested. We track 50 cities in Madhya Pradesh.
Across Madhya Pradesh, the BIS list has 41 operative hallmarking centres in 16 districts, the most in Indore (7). The closest cities with their own silver rate page are Nagda (41 km), Ujjain (77 km), Jhabua (78 km). GeoNames lists a population of about 2.6 lakh for Ratlam. Silver in Ratlam today is ₹2,20,829 per kg (₹220.83 per gram), the IBJA benchmark of 1 October 2026; local dealers add making charges and GST.
Where to get jewellery tested in Ratlam
The BIS list of recognised assaying and hallmarking (A&H) centres has 5 operative centres with an address in Ratlam district (list checked 06:44 IST, 4 Oct 2026). BIS says any consumer can get hallmarked jewellery tested for purity at a recognised A&H centre for a testing charge of ₹200.
| Centre | Address | Recognised for |
|---|---|---|
| ARIHANT HALLMARKING CENTER | Municiple no.17,Chandani Chowk, RATLAM, RATLAM CITY, MADHYA PRADESH ,457001 | Yellow Gold Hallmarking |
| JMJ HALLMARK CENTER | 2/3, TAL WALO KI GALI, CHANDANI CHOWK, RATLAM, RATLAM CITY, MADHYA PRADESH ,457001 | Gold & Silver Both Hallmarking |
| MOONAT HALLMARK CENTER | THIRD FLOOR,39/2,CHANDANI CHOWK,RATNALMADHYA PRADESH, RATLAM, RATLAM, MADHYA PRADESH ,457001 | Yellow Gold Hallmarking |
| Shree Ganesh assaying and Hallmarking Center | 1st Floor,Moonat complex,27/3 Dhanjibhaika NohraChandni Chowk, RATLAM, RATLAM, MADHYA PRADESH ,457001 | Gold & Silver Both Hallmarking |
| TARUN HALLMARKING CENTRE | 2nd floor, 114, Chandni ChowkRatlam, M.P., RATLAM, RATLAM, MADHYA PRADESH ,457001 | Yellow Gold And Silver Alloys Hallmarking |
Silver rate in nearby cities
- Silver rate in Nagda (41 km)
- Silver rate in Ujjain (77 km)
- Silver rate in Jhabua (78 km)
- Silver rate in Mandsaur (83 km)
- Silver rate in Dhar (86 km)
- Silver rate in Banswara (65 km)
- Silver rate in Pratapgarh (82 km)
- Silver rate in Dohad (97 km)
Also see the gold rate in Ratlam and the silver rate in India.
Related
Frequently asked questions
What is the silver rate today in Ratlam?
Silver 999 is ₹2,20,829 per kg, or ₹220.83 per gram, as per the IBJA closing (PM) rate of 1 October 2026, before GST and making charges.
What is the price of 10 grams of silver today?
10 grams of silver 999 at the IBJA rate is ₹2,208, before GST and making charges.
How much GST is charged on silver jewellery?
GST on silver jewellery is 3% of the total transaction value, including making charges, as clarified in the CBIC FAQ on gems and jewellery.
What silver purities can be hallmarked in India?
According to BIS, IS 2112:2014 permits hallmarking of six silver grades: 800, 835, 900, 925, 970 and 990.
When is the silver rate updated?
IBJA publishes opening (AM) and closing (PM) rates on working days, not on Saturdays, Sundays or its listed holidays. We check for new rates every 15 minutes during the business day.
Sources: IBJA rates, CBIC FAQ on gems and jewellery, BIS hallmarking FAQ.