Silver Prices Cool Off on November 18 After Sharp Gains: Check City-Wise Prices in India

After four consecutive sessions of appreciation, silver prices eased further to ₹162 per gram (₹1,62,000 per kg) on November 18, extending the decline seen in the previous session. Despite this pullback, prices remain elevated on a weekly basis. Over recent sessions, silver has fluctuated between ₹162 and ₹173.1 per gram, highlighting an overall bullish trend supported by steady domestic consumption and firm global cues.

Silver prices in India continued to show strength through the week, driven by festive-season demand and consistent industrial offtake, before witnessing mild corrections. After a strong surge to ₹173 per gram on November 13, the metal registered another rise on November 14, touching ₹173.1 per gram (₹1,73,100 per kg). These gains reflected firm sentiment across major trading centres and sustained investor interest in the precious metal.

Demand from key sectors such as electronics, solar components, and jewellery remained healthy, helping maintain price strength despite the absence of major external triggers. Analysts note that as long as festive and industrial buying remains active, silver is likely to hold its upward trajectory, though intermittent corrections are expected.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹1,620 per 10g, ₹16,200 per 100g, ₹1,62,000 per kg
• Silver Price Today in Delhi: ₹1,620 per 10g, ₹16,200 per 100g, ₹1,62,000 per kg
• Silver Price Today in Kolkata: ₹1,620 per 10g, ₹16,200 per 100g, ₹1,62,000 per kg
• Silver Price Today in Bangalore: ₹1,620 per 10g, ₹16,200 per 100g, ₹1,62,000 per kg
• Silver Price Today in Hyderabad: ₹1,700 per 10g, ₹17,000 per 100g, ₹1,70,000 per kg
• Silver Price Today in Kerala: ₹1,700 per 10g, ₹17,000 per 100g, ₹1,70,000 per kg
• Silver Price Today in Pune: ₹1,620 per 10g, ₹16,200 per 100g, ₹1,62,000 per kg
• Silver Price Today in Vadodara: ₹1,620 per 10g, ₹16,200 per 100g, ₹1,62,000 per kg
• Silver Price Today in Ahmedabad: ₹1,620 per 10g, ₹16,200 per 100g, ₹1,62,000 per kg

Recent Silver Price Movements in India

Here’s a quick look at silver price fluctuations over the past few sessions:

• November 18th: ₹162 per gram, ₹1,62,000 per kg (5000)
• November 17th: ₹167 per gram, ₹1,67,000 per kg (-2000)
• November 14th: ₹173.1 per gram, ₹1,73,100 per kg (1100)
• November 13th: ₹173 per gram, ₹1,73,000 per kg (11,000)
• November 12th: ₹162 per gram, ₹1,62,000 per kg (2000)

Silver prices in India extended their upward momentum last week, supported by festive demand and steady physical buying. After stabilising at ₹162 per gram on November 12, prices jumped to ₹173 per gram on November 13 and further to ₹173.1 per gram on November 14, underscoring strong domestic sentiment. However, the metal saw sequential declines, easing to ₹167 per gram on November 17 and further to ₹162 per gram on November 18, even as overall levels remained elevated. Through this period, silver traded between ₹162 and ₹173.1 per gram, indicating a broadly bullish trend despite temporary pullbacks.

Outlook

Silver prices in India, after climbing from ₹162 per gram on November 12 to ₹173 on November 13 and ₹173.1 on November 14, have now corrected to ₹162 per gram as of November 18. This multi-session movement reflects both sharp gains and natural consolidation — signalling a healthy and stable market pattern.

With prices currently fluctuating within the ₹162–₹173.1 per gram range, the metal continues to exhibit resilience and a positive undertone. Seasonal demand and firm industrial usage are expected to keep overall sentiment constructive in the near term.

Conclusion

In summary, silver is priced at ₹162 per gram (₹1,62,000 per kg) as of November 18, 2025, following a week of notable gains and a continued correction. Supported by festive consumption, strong industrial demand, and stable market sentiment, silver is likely to maintain a mildly bullish bias ahead, with potential upside if global precious metal trends remain favourable.