Buying Silver on Dhanteras 2026?
Silver demand has surged 40% ahead of Diwali 2026. But buying without verifying hallmarking can cost you 15% to 30% in purity loss and inflated making charges.
999 Fine Silver vs 925 Sterling
Always buy 999 fine silver for Lakshmi-Ganesh coins and investment bullion bars. Opt for 925 sterling silver for puja thalis, diyas, and glasses to ensure mechanical durability.
Verify the 6-Digit BIS HUID
Every genuine hallmarked silver piece features the BIS triangle, purity number (999 or 925), and a 6-digit laser-etched HUID that can be scanned live on the BIS CARE app.
Limit Making Charges to 5%–8%
Minted silver bars and coins should never carry making charges above 5% to 8%. Remember that a mandatory 3% GST applies to the combined metal price and making charges.
Physical Silver vs Silver ETFs
For festive puja rituals, pick tamper-evident blister-packed 999 coins. For wealth building without bank locker fees, Silver ETFs (SILVERBEES) track 99.9% pure silver at 0% GST.