If you are thinking of buying silver, there is no better opportunity than this for you! Today, Thursday, November 6, silver prices have fallen for the third consecutive day, making it quite cheap. Silver has become cheaper by Rs 500 per kg in most cities of the country including Delhi, while in cities like Chennai and Hyderabad its price has fallen by Rs 2000 per kg.
So is this the right time to invest in silver? Let us know what is the latest price of silver today and why silver is becoming cheaper.
What is the price of 1 kg silver in your city today? (November 6, 2025)
Here are the silver prices today in some major cities of India:
City
price of 1 kg silver
Delhi
₹1,50,400
Mumbai
₹1,50,400
Lucknow
₹1,50,400
Jaipur
₹1,50,400
Patna
₹1,50,400
Chennai
₹1,62,900
Hyderabad
₹1,62,900
You can see that there is a big difference of around Rs 12,000 in the prices of Delhi and Chennai. Silver prices in South India are generally higher than in North India.
Why is silver becoming cheaper?
Some of the major reasons for this fall in silver prices are as follows:
Impact on the international market: Silver prices have fallen in the global market, which has had a direct impact on the Indian markets as well.
Festive season ends: After festivals like Diwali and Dhanteras, demand for gold and silver has declined, putting pressure on prices.
Wedding season starts: However, now the wedding season is starting in the country, due to which the demand for silver may increase again in the coming days.
Market experts believe that this decline will not last long. The demand for silver is continuously increasing, so its prices are likely to rise in the long term.
Now silver is shining not only in jewelery but also in technology
Nowadays, silver is not only used for making jewelery or coins. Silver is also used in your mobile phones, computer chips, solar panels and many electronic items. Its increasing demand in the industry is the main reason for this, due to which it is believed that silver can give excellent returns to investors in the coming time.
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