If you are thinking of buying silver, this can be good news for you. A big fall was seen in the prices of silver on Tuesday, November 18. Compared to yesterday, today silver has become cheaper by Rs 2000, which has brought glow on the faces of the customers. In big cities like Delhi and Mumbai, the price of 1 kg silver has come down to Rs 1,66,900.
Why is gold and silver becoming cheaper?
There has been a continuous decline in silver prices for the last few weeks. Silver, which had reached record levels of Rs 1,98,000 per kg in Delhi and Rs 2,06,000 per kg in Chennai some time ago, has now fallen far below its peak. Market experts say that international price fluctuations and the movement of rupee-dollar are affecting the domestic market as well.
Wedding season may increase prices
However, experts also believe that this decline may be temporary. As the wedding season approaches, domestic demand for silver for jewelery and gifts will increase. The effect of this increased demand may also be visible on the prices and silver rates may go up once again.
What is the price of silver in your city? (Tuesday, 18 November 2025)
| City | Price of 1 kg silver (in rupees) |
| Delhi | 1,66,900 |
| Mumbai | 1,66,900 |
| Chennai | 1,72,900 |
| Kolkata | 1,66,900 |
| Bengaluru | 1,66,900 |
| Hyderabad | 1,72,900 |
| Patna | 1,66,900 |
An interesting thing is that there is a huge difference of up to Rs 6000 in the price of silver in the cities of North India and South India. Silver is being sold most expensive in Chennai and Hyderabad.
Now not just jewellery, silver shine is increasing in technology too
Silver is no longer limited to just anklets, toe rings or puja utensils. Its demand is also increasing rapidly in the industry. Silver is also used in making everything from your mobile phone to computer chips, solar panels and other electronic gadgets. As the use of technology is increasing, the consumption of silver is also increasing. This is why silver prices are expected to remain strong in the long term.
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