look news india
Today, on the holy occasion of Guru Nanak Jayanti, a good news has come for those buying silver. After yesterday’s slight rise, silver prices today ₹3200 per kg A huge decline has been recorded.
After the huge shopping during festivals, there has now been a slight decline in demand, the effect of which is visible on the prices. In Chennai, the price of silver which was skyrocketing at ₹ 2,06,000 per kg some time ago, has now come down to ₹ 1,64,900. So is this a good time to buy? Let us know.
What is the price of silver today?
On Wednesday, November 5, 2025, the price of silver is the same in most of the big cities of the country.
- Delhi, Mumbai, Kolkata, Lucknow, Jaipur Rate of 1 kg silver in cities like ₹1,50,900 Is.
- But, Chennai and Hyderabad It is quite expensive in India, where its price ₹1,64,900 per kg.
Interestingly, there is a huge difference of about ₹14,000 between the prices in Delhi and Chennai.
Why did silver become cheaper? And will this decline last?
Experts believe that this decline is a result of the decline in demand after the end of the festive season. But be careful! Experts say that this decline Temporary Might be possible.
But… why is silver expensive in the long run?
The biggest reason for this is that silver is no longer limited to just jewelery and utensils. this one hi-tech metal It has been made. From your mobile phone to computer chips and solar panels, the use of silver has become essential everywhere.
As the world is moving towards technology, the industrial demand for silver is also increasing. This is why its prices are expected to increase in the long term.
So, today’s decline is an opportunity for buyers, but it is not guaranteed to last long.
