Silver Market Sees Mild Uptick as Prices Edge Higher Across Major Indian Cities

Silver Price Update (November 13, 2025): The domestic silver market witnessed a modest rise in prices today. On Thursday, November 13, silver prices climbed by ₹100 per kilogram, reflecting a slight upward trend across major cities including Delhi, Mumbai, Chennai, and Hyderabad.

According to early trading data, silver in Delhi is currently priced at ₹1,62,100 per kilogram, while in Chennai, the rate stands higher at ₹1,73,100 per kilogram. Despite this minor increase, silver prices remain significantly lower than their previous peak levels seen earlier this year.

Silver Prices Record Minor Gains Nationwide

The bullion market opened in the green today, with silver showing a mild yet consistent rise across several states including Uttar Pradesh, Bihar, Maharashtra, and Tamil Nadu. The average gain stood at around ₹100 per kilogram.

Compared to the peak rates—where silver once touched ₹2,06,000/kg in Chennai and ₹1,98,000/kg in Delhi—the current price levels are still about ₹50,000 lower. This decline over recent months was primarily due to global economic uncertainties and shifting investor sentiment. However, in the past three to four days, silver has regained some strength, signaling a potential recovery trend in the near term.

City-Wise Silver Prices in India (as of November 13, 2025)

Interestingly, silver prices continue to remain higher in southern states like Tamil Nadu and Telangana compared to northern regions such as Delhi and Uttar Pradesh. The price difference between the two regions is roughly ₹11,000 per kilogram.

Rising Industrial and Investment Demand

Experts note that silver’s growing demand is not limited to jewelry and religious artifacts anymore. The metal now plays a critical role in the technology and renewable energy sectors.

Silver is a key component in the production of:

• Mobile phones and computer chips

• Electrical and electronic equipment

• Solar panels and other clean energy technologies

As the global demand for electronics and solar energy continues to expand, industrial consumption of silver is expected to rise sharply. Analysts believe that if this momentum continues, silver prices could see significant appreciation in the coming months, driven by both investment demand and industrial use.

Market Insights and Future Outlook

The Indian bullion market remains sensitive to fluctuations in the international spot price of silver, as well as the strength of the U.S. dollar and global interest rate trends. Any changes in these factors can directly influence domestic rates.

In the near term, traders are adopting a cautiously optimistic approach. While short-term corrections are possible, the overall sentiment leans positive due to rising festive and industrial demand.

Investment advisors suggest that silver continues to be a strong long-term asset, especially with India’s expanding focus on green energy and manufacturing growth.

Final Thoughts

While today’s increase in silver prices may appear minor, it highlights a steady return of investor confidence. With renewed industrial demand and strong festive-season buying, silver could soon regain momentum and approach previous highs.

For now, consumers and investors alike should keep a close eye on daily rate movements and consider gradual accumulation during dips — as silver’s long-term outlook remains promising.