Silver chain price in India: what you should pay
How silver chain prices are calculated in India, from the silver rate and weight to making charges, GST and brand costs, so you can tell a fair price.
Silver chain prices in India range from a few hundred rupees to tens of thousands. Here's what goes into the price, so you can tell a fair deal from a fake one.
1. The silver itself
The silver rate is quoted per gram for 999 (pure) silver and changes daily. A 925 piece contains 92.5% of that silver. So the metal value is roughly: weight in grams × daily silver rate × 0.925.
2. Making charges
Charges for the craft: drawing the wire, forming links, polishing and finishing. They're higher for handwork, casting and stone setting than for machine-made chains.
3. GST
Jewellery attracts 3% GST in India.
4. Branded vs local
Local jewellers often price by weight plus making charges. Brands usually charge one fixed price that also covers design, packaging, free shipping, exchanges and after-sales service.
Red flags
A thick "silver" chain for a few hundred rupees can't be solid 925 silver, because the silver alone costs more than that. It's steel or plated. Be wary of any seller who won't tell you the weight in grams and the purity.
Our approach
Every KROMLITH piece is solid 925 silver, and we'll confirm the weight of any piece on request. Chains and bracelets come in Regular and Heavy, and the price follows the silver used. One all-inclusive price, with free shipping, a gift box and a size exchange included.
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