Silver price today: why it’s trending in India

Published 6 November 2026 at 7:01 am · 10 sources · 1000+ searches today

As of 6 November 2026, “चांदी का भाव आज” is trending because silver prices were volatile but broadly higher across India on Dhanteras. Delhi’s retail silver rate was reported at ₹1,94,500 per kilogram, while MCX and bullion quotes moved intraday at different levels.

Key facts

6 Nov 2026: Delhi silver was ₹1,94,500/kg, inclusive of taxes.
MCX silver moved from ₹1,86,901/kg to ₹1,88,372/kg in reports.
Bullion quotes were around ₹1,87,540–₹1,89,020 per kg.
Silver was still below its 29 Jan 2026 peak of ₹4,04,500/kg.
Dhanteras 2026 lifted interest in buying gold and silver in India.

What happened today

As of 6 November 2026, silver prices in India were volatile but broadly higher, which is why many people searched for the latest rate before buying. The timing matters because today is Dhanteras, a day when buyers traditionally look for gold and silver.

The All India Sarafa Association reported Delhi silver at ₹1,94,500 per kilogram, inclusive of taxes, up ₹1,500 from the previous session’s ₹1,93,000. Other market quotes differed because they came from different trading points and times in the day.

Why prices are moving

MCX silver futures showed mixed movement in the session. One report placed the contract at ₹1,86,901/kg, down ₹834 or 0.44%, while later trading data showed it at ₹1,88,372/kg, up ₹637.

International silver was quoted near $51.78 per ounce, and domestic prices were also influenced by the rupee-dollar exchange rate, global bullion moves, oil prices, US interest-rate expectations and geopolitical tensions.

How to read the numbers

The same search can return different prices because retail jewellery rates, bullion-market quotes and MCX futures are not the same thing. The ₹1,94,500/kg Delhi figure includes taxes, while MCX futures and bullion quotes reflect market trading and can change through the day.

Compared with its 29 January 2026 peak of ₹4,04,500/kg, silver was still down about 52%, but it remained above the ₹1,70,000/kg level recorded on Dhanteras 2025.

What to watch next

Jewellers expected Dhanteras gold-and-silver sales to rise 20–30% by value, helped by the festival timing and consumers having salaries in hand. That keeps demand for live price checks high across India.

If you are comparing prices, look at your city, the time of quote, taxes, purity and making charges. There is no single nationwide retail silver rate, so local prices can differ from MCX and bullion market figures.

Frequently asked

What is the silver price today in India?

As of 6 November 2026, Delhi silver was reported at ₹1,94,500 per kilogram, inclusive of taxes. Other market quotes were lower or higher depending on the source and time.

Why is “चांदी का भाव आज” trending today?

It is trending because silver prices were volatile but broadly higher on Dhanteras, when many people in India check gold and silver rates before buying. Festival demand is a major reason for the searches.

Is there one fixed silver price for all of India?

No. The reports do not give one single nationwide retail rate. Prices vary by city, taxes, purity, location and making charges, and market quotes can change during the day.

Why do MCX and retail silver prices look different?

MCX futures, bullion-market quotes and retail sarafa rates are different markets. The Delhi ₹1,94,500/kg figure includes taxes, while MCX and bullion numbers can move intraday.

Sources

Researched automatically from live news and written by Simpledot's AI; facts are limited to what the sources above report as of the published time. Spot an error? Tell us.