Silver Slips to ₹161/g on November 21 After Consecutive Declines: Check City-Wise Prices in India

After a brief rebound mid-week, silver prices declined again, slipping to ₹161 per gram (₹1,61,000 per kg) on November 21, extending the downward trend seen over the past two sessions. This drop follows the decrease to ₹165 per gram on November 20, indicating continued softening after the earlier recovery from November 18’s low of ₹162. Despite these fluctuations, the broader weekly movement shows prices oscillating between ₹161 and ₹168 per gram, highlighting a mixed trend shaped by intermittent demand and shifting global cues.

Silver prices in India earlier reflected strength through the week, supported by festive-season purchases and steady industrial use, before experiencing successive corrections. After rising to ₹168 per gram on November 19, the metal retreated to ₹165 per gram on November 20 and further to ₹161 on November 21 — marking one of the steeper multi-session declines in the observed period. These shifts indicate cooling sentiment across major trading hubs and reduced investor participation following the mid-month firmness.

Demand from key sectors such as electronics, solar manufacturing, and jewellery remains a stabilising factor, but the recent pullbacks show that buying momentum has slowed in the absence of supportive global triggers. Market analysts note that as long as industrial consumption continues at a steady pace, silver is likely to retain structural support, though short-term corrections — such as those from November 20 to 21, remain a natural part of market behaviour.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg
• Silver Price Today in Delhi: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg
• Silver Price Today in Kolkata: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg
• Silver Price Today in Bangalore: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg
• Silver Price Today in Hyderabad: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg
• Silver Price Today in Kerala: ₹1,690 per 10g, ₹16,900 per 100g, ₹1,69,000 per kg
• Silver Price Today in Pune: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg
• Silver Price Today in Vadodara: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg
• Silver Price Today in Ahmedabad: ₹1,610 per 10g, ₹16,100 per 100g, ₹1,61,000 per kg

Recent Silver Price Movements in India

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

• November 21st: ₹161 per gram, ₹1,61,000 per kg (-4000)
• November 20th: ₹165 per gram, ₹1,65,000 per kg (-3000)
• November 19th: ₹168 per gram, ₹1,68,000 per kg (6000)
• November 18th: ₹162 per gram, ₹1,62,000 per kg (-5000)
• November 17th: ₹167 per gram, ₹1,67,000 per kg (-2000)

Silver prices in India recorded sharp day-to-day movements last week, driven by uneven physical demand and evolving global indicators. After climbing to ₹168 per gram on November 19, the metal slipped to ₹165 per gram on November 20, before falling further to ₹161 on November 21, marking a clear three-session decline. Over the past few days, prices have traded within the ₹161–₹168 per gram band, reflecting a soft but steady trend marked by a mid-week recovery followed by renewed weakness.

Outlook

Silver prices in India, after rising to ₹168 per gram on November 19, witnessed consecutive corrections to ₹165 on November 20 and ₹161 per gram on November 21. This pattern reflects consolidation following earlier gains, suggesting a stabilising yet cautious market environment.

With the metal currently moving within the ₹161–₹168 per gram range, the broader sentiment remains balanced. Firm industrial demand and steady retail buying are expected to offer support, even as short-term fluctuations continue in response to global precious metal cues.

Conclusion

In summary, silver is priced at ₹161 per gram (₹1,61,000 per kg) as of November 21, 2025, marking a further decline after back-to-back corrections. While festive demand and industrial usage continue to provide underlying support, the near-term trajectory appears mildly subdued, with potential for stabilisation depending on global market trends and domestic consumption patterns.