Silver Rate Today in India: 11 November 2026 Price and Buying Guide

Silver Rate Today in India: 11 November 2026

If you are looking for the silver rate today, the most recent published rate is ₹2,350 per 10 grams in major cities such as Chennai, Mumbai, Delhi, Kolkata, Bengaluru and Hyderabad, according to BankBazaar data updated on 11 November 2026. Khammam and Nasik were listed at ₹2,550 for the same quantity. These are indicative retail rates; silver prices fluctuate almost daily, and the final cost depends on purity, hallmark, weight and making charges.

What the Search Trend Shows

Google Trends data for India shows that searches for “silver rate today” grew by 200% over the past 12 months and appeared on rising lists as of 11 November 2026. This confirms higher public interest, but Google Trends measures normalised search activity only—it does not verify price movements or investment value.

Why Silver Prices Move in India

BankBazaar lists demand and supply, import duty, the international price of oil, US dollar fluctuations and mining costs as key drivers. India is the world’s third-largest silver consumer but ranks 20th in production, so it depends on imports from the United Kingdom, the European Union, Australia, China and Dubai. Chinese silver alone accounts for about half of India’s imports.

Historical Context from 2026

BankBazaar’s historical table shows silver’s lowest price per kilogram in October 2026 was ₹2,50,900 and the highest was ₹2,55,900. In September 2026, the range was ₹2,45,000 to ₹2,55,000 per kg. Prices swung from a low of ₹2,14,310 per kg in June to a high of ₹3,50,000 per kg in February.

How to Buy or Trade Silver

Investors can buy physical silver or trade through commodity markets. Silver futures can be traded on MCX through licensed brokers. The National Spot Exchange (NSEL) offers e-silver in demat form, with one unit equal to 100 grams; trading hours are 10 AM to 11:30 PM. Physical buyers should check hallmark purity, weight, making charges and the seller’s buy-back policy before purchasing.

Points to Check Before Buying Silver Jewellery

• Verify the purity and hallmark of the silver item.
• Check the weight, since total cost depends on it.
• Ask about making charges; BankBazaar notes a base making cost of ₹3 per gram with no upper limit.
• Confirm the seller’s buy-back policy for emergency resale.
• Remember that stones or other materials add cost but are weighed separately.

Important caution: IBJA’s 11 November 2026 rate sheet covers gold jewellery rates, not silver. BankBazaar explicitly states its data is not investment advice and accepts no liability for losses. Verify the current silver rate today before making a purchase.