Silver Rate Today: Minor Dip on Monday, 24 November 2025 — Latest Prices
Silver prices started the week on a lower note on Monday, 24 November 2025. The metal saw a minor decline of ₹100 per kilogram compared to last week. After a previous week of falling rates, silver continues its downward trend in major Indian cities.
📍 City-Wise Silver Rates (24 Nov 2025)
| City | Silver Price (₹/kg) |
|---|---|
| Delhi | 1,63,900 |
| Mumbai | 1,63,900 |
| Ahmedabad | 1,63,900 |
| Chennai | 1,71,900 |
| Kolkata | 1,63,900 |
| Gurugram | 1,63,900 |
| Lucknow | 1,63,900 |
| Bengaluru | 1,63,900 |
| Jaipur | 1,63,900 |
| Patna | 1,63,900 |
| Bhubaneswar | 1,63,900 |
| Hyderabad | 1,71,900 |
Note: Prices vary across North and South India, with southern cities like Chennai and Hyderabad seeing higher rates — roughly ₹8,000 more per kg than northern cities.
📈 Market Trend & Analysis
-
Last month, silver prices peaked at ₹2,06,000 per kg, but have since corrected significantly.
-
Despite minor recoveries, silver has not yet returned to its previous peak levels.
-
The price difference between North and South India highlights regional variations due to local demand, making silver more expensive in southern states.
🏭 Rising Industrial Demand
Silver is no longer limited to jewellery and religious uses. Its demand has surged in electronics, solar panels, mobile phones, and computer chips, making it a critical industrial metal. The growing consumption in these industries is influencing silver prices, pushing them upward in some markets despite short-term declines.
📝 Investor & Buyer Tips
-
Track Regional Prices: Buying in northern cities may be cheaper due to lower local rates.
-
Industrial vs Investment Demand: Industrial usage can impact short-term price volatility.
-
Monitor Global Cues: International silver futures affect domestic prices.
-
Check Spot & Retail Margins: Adding making charges or taxes can affect the final price for jewellery buyers.
Bottom Line: Silver began the week with a slight decline, yet industrial demand and global factors continue to influence prices. Buyers and investors should monitor both regional rates and global trends to make informed decisions.
