Today Silver Rate in Dammam (05 March 2026): Per Kg, 100g & 10g

Today’s prices

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Updated: 05 Mar 2026, 19:17
Silver
/ g
1kg:

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Silver Investment Guide for Dammam

Industrial Use & Jewelry
Silver in Dammam is widely used for payals (anklets), utensils, and idols. Unlike gold, silver prices are more volatile due to industrial demand.
Taxation on Silver
Physical silver purchases attract 3% GST. Like gold, selling within 3 years incurs STCG tax, while LTCG applies after 3 years.
Checklist Before Buying
1. Look for 925 Sterling Silver mark for jewelry.
2. For bullion (coins/bars), ensure 999 purity.
3. Verify weight carefully as silver is often sold in larger quantities.

Live Silver Price Trends in Dammam

As of 05 March 2026, the silver rate in Dammam is ₹— per kg (999 fine silver). That works out to ₹— per 100 grams and ₹— per 10 grams. Silver prices are updated 6× daily from the MCX benchmark. Unlike gold, silver is also an industrial metal — global demand from electronics and solar panels impacts the price alongside currency movements. Use the weight selector above to check the exact price for the quantity you plan to buy.

Dammam silver rate today (05 March 2026): ₹—/10g, ₹—/100g & ₹—/kg. Updated 6× daily.

Trend

Not enough data to draw a chart.
DatePrice / gChange / g
05 March 2026
04 March 2026
03 March 2026
02 March 2026
01 March 2026
28 February 2026
27 February 2026
26 February 2026
25 February 2026
24 February 2026

Silver Rate in Other Cities

FAQ

How is the silver rate in Dammam calculated?

The silver rate in Dammam is primarily determined by international prices (COMEX), the performance of the Indian Rupee against the Dollar, and local demand. Unlike gold, silver is an industrial metal, so global manufacturing demand also impacts the price in Dammam.

Should I buy silver in Dammam today?

Silver is often called the "poor man's gold" and is a popular investment. If the Dammam silver rate is currently consolidating or lower than the weekly peak, it may be a good time for bulk purchases like silver bars or utensils.

What are the different purities of silver available in Dammam?

The most common purities in Dammam are 999 (Fine Silver), used for coins and bars, and 925 (Sterling Silver), which is used for jewelry and silverware to ensure durability.

Are silver rates the same as gold rates in Dammam?

No, silver is much more affordable but more volatile than gold. While both respond to inflation, silver has a higher correlation with industrial production and economic cycles in Dammam.

Is there GST on silver in Dammam?

Yes, just like gold, a 3% Goods and Services Tax (GST) is applicable on the total value of silver purchased in Dammam. Making charges for silver articles also attract separate taxation.