Sparkling Silver Guide
How to Calculate Silver Jewellery Price in India
Step-by-step guide to silver jewellery pricing in India — net weight, purity, today's silver rate, making charges and 3% GST, with a worked example.
The four components of a silver jewellery bill
Every silver jewellery bill in India is built from four parts: the silver rate on the day of purchase, the net weight of silver in the piece, the making charges your jeweller adds for craftsmanship, and 3% GST on the total. Understand these four and no silver jewellery bill will ever surprise you again.
Step 1 — Find today's silver rate for the right purity
Silver jewellery in India is sold mostly in 925 sterling (92.5% pure) and 999 fine (99.9% pure). Daily rates are quoted per gram. A 999 rate of ₹95/g means a gram of fine silver costs ₹95 — that's your base for sterling: ₹95 × 0.925 = ₹87.88/g for 925. We publish live silver rates on our silver rate page so you always start from a fair benchmark.
Step 2 — Use net weight, not gross weight
Gross weight is the total weight of the piece including any stones. Net weight is the silver-only weight after subtracting stone weight. You pay silver rate × net weight, not gross weight. A ₹88/g 925 rate applied to 12 g of net silver gives ₹1,056 — that's the metal value.
Step 3 — Add making charges
Making charges pay for the design, craftsmanship and wastage. For silver they are usually a percentage of the metal value (typically 15–35% depending on intricacy) or a flat rupees-per-gram figure. Detailed temple-style and antique pieces sit at the higher end because of the hand-finishing involved.
Step 4 — Add 3% GST on the total
GST in India on silver jewellery is 3% on the sum of metal value + making charges. Every product page on Sparkling Silver shows this exact breakdown so you can verify the math before you buy.
Tips before you buy
Look for the BIS hallmark with the purity grade (925 or 999) and a six-digit HUID. Confirm net weight and making-charge percentage in writing on your invoice. 925 sterling is the right choice for almost all wearable silver jewellery — 999 is too soft to hold detail or stones.