Silver Price Fluctuates in Davanagere, Reaching ₹2,57,000

The silver rate in Davanagere, India has seen fluctuations throughout August 2026. At the beginning of the month, the price stood at ₹2,46,900 per kilogram (KG). However, it reached a high of ₹2,57,000 on August 9th and a low of ₹2,28,900 on August 5th.

Comparing this to July's trend, the silver rate rose by ₹7,700 from ₹2,39,900. In contrast, June saw a decline of ₹49,000 from ₹2,93,900. May witnessed an increase of ₹25,000 from ₹2,69,000.

The monthly average price for August is ₹2,52,400 per KG. To determine the purity of silver, one can refer to the fineness indicated by percentages, such as 999 (99.9% pure), sterling silver (92.5% pure), or Britannia silver (95.8% pure).

Pricing and authenticity involve considering base silver prices, making charges, and a 3% GST. Additionally, embedded stones are excluded from the net silver weight when calculating pricing.