Free calculator
Inflation-adjusted return calculator
A 50% gain sounds good until you remember that prices rose too. This calculator shows what your silver really earned in purchasing power.
Real return per year
0%
- Nominal return per year
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- Total nominal gain
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- Today's value in purchase-year rupees
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- Real gain in purchasing power
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Real return = (1 + nominal) ÷ (1 + inflation) − 1, per year.
The formula
Real return = (1 + nominal return) ÷ (1 + inflation) − 1
The nominal return per year is worked out from your purchase and current values: (value now ÷ amount paid)1/years − 1. The calculator then removes inflation year by year. For silver jewellery, remember that making charges don't come back when you sell, so enter what the piece would fetch at a jeweller's buy-back rate, not the original bill.
Frequently asked questions
What is a real return?
The return after inflation. If silver rose 10% in a year when prices rose 5%, your purchasing power grew about 4.8%, not 10%.
What inflation rate should I use?
India's consumer price inflation (CPI) is the usual choice. The RBI targets 4% with a tolerance band of 2% to 6%; use the average for the years you held silver if you know it.
Sources
Rules and figures checked on 29 September 2026. Live prices update on this page automatically.