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)| 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 & AnalysisLast 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.
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 TipsTrack 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.
