Silver Prices Rise Slightly in Panipat on October 4 2026

As of October 4, 2026, the price of silver in Panipat stood at ₹220 per gram, ₹2,208 per 10 grams, or ₹2,20,800 per kilogram. This reflects a slight increase from the previous day, with the price of silver per 10 grams rising by ₹4 and per kilogram by ₹400.

The silver market in Panipat is influenced by various factors, including import duties, GST, local buying demand, gold-silver price trends, and industrial demand. The city's strong connection to business communities, family traditions, and wedding culture drives consistent demand for silver jewelry, utensils, coins, and gifting items. Additionally, Panipat's industrial economy, particularly in textiles and handicrafts, supports robust retail spending on silver products.

Silver tends to move in step with gold prices, making it a more accessible investment option when gold becomes expensive. Industrial demand from local workshops and jewelry businesses further bolsters the market. Popular silver products in Panipat include jewelry, coins, bars, religious items, and utensils, often purchased during festivals and weddings.

When buying silver in Panipat, it's essential to check purity, with 999 fine silver and 925 sterling silver being the most common standards. Buyers should also insist on a detailed tax invoice, as a 3% GST applies to all purchases. Silver remains a practical investment in Panipat due to its affordability, cultural value, and easy resale potential.