Buying silver in Hyderabad
Hyderabad quotes silver per gram and per kilogram. Telangana is also known for silver filigree from Karimnagar, a craft with a Geographical Indication tag.
The prices on this page are India's spot-based rate in INR: there is no separate exchange price for Hyderabad. Taxes and duties are explained on the silver price in India page.
Why Hyderabad prices differ from spot
Every Indian city starts from the same international price, converted to rupees and raised by the same 15% import duty and 3% GST. City rates then differ by small amounts because of transport and insurance from the port of entry, how much stock local dealers hold and — since silver bar imports became licensed in May 2026 — how tight supply is. For jewellery and silverware the making charge is usually the largest difference between shops.
Silver crafts
Karimnagar filigree — boxes, ornaments and trays made from fine silver wire — is sold across Hyderabad. Because it is labour-intensive, the price is far above the metal value shown here.
Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.