Silver Surges to ₹176/g on November 28: Check City-Wise Prices in India

No image 5paisa Capital Ltd - 3 min read

Last Updated: 28th November 2025 - 10:44 am

Silver prices in India extended their strong upward trend through the week, reaching ₹176 per gram (₹1,76,000 per kg) on November 28 — the highest level in recent sessions. This advance builds on the steady momentum seen on November 27, when rates climbed to ₹173 per gram, following a firming to ₹169 per gram on November 26. The recovery gathered pace after silver rebounded to ₹167 per gram on November 25, effectively offsetting the earlier dip to ₹163 per gram recorded on November 24. Despite minor daily fluctuations, the broader trajectory remains clearly positive, supported by persistent physical demand.

Across major Indian cities, silver prices reflected this strength with notable consistency. Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad all quoted ₹1,760 per 10g (₹1,76,000 per kg), while Hyderabad and Kerala saw slightly higher levels at ₹1,830 per 10g (₹1,83,000 per kg). These uniform price bands highlight firm buying interest among both retail consumers and industrial users.

Earlier in the week, silver also demonstrated solid resilience. After stabilising at ₹163 per gram on November 24, prices rose steadily through successive sessions, signalling healthy sentiment across key trading hubs. Improved physical uptake, coupled with a supportive global environment, helped sustain this upward momentum.

Industrial demand from electronics, solar manufacturing, and the jewellery sector remained robust throughout the period, lending additional support to domestic prices even in the absence of major international triggers.

Silver Price Today Across Major Cities

  • Silver Price Today in Mumbai: ₹1,760 per 10g, ₹17,600 per 100g, ₹1,76,000 per kg
  • Silver Price Today in Delhi: ₹1,760 per 10g, ₹17,600 per 100g, ₹1,76,000 per kg
  • Silver Price Today in Kolkata: ₹1,760 per 10g, ₹17,600 per 100g, ₹1,76,000 per kg
  • Silver Price Today in Bangalore: ₹1,760 per 10g, ₹17,600 per 100g, ₹1,76,000 per kg
  • Silver Price Today in Hyderabad: ₹1,830 per 10g, ₹18,300 per 100g, ₹1,3,000 per kg
  • Silver Price Today in Kerala: ₹1,830 per 10g, ₹18,300 per 100g, ₹1,83,000 per kg
  • Silver Price Today in Pune: ₹1,760 per 10g, ₹17,600 per 100g, ₹1,76,000 per kg
  • Silver Price Today in Vadodara: ₹1,760 per 10g, ₹17,600 per 100g, ₹1,76,000 per kg
  • Silver Price Today in Ahmedabad: ₹1,760 per 10g, ₹17,600 per 100g, ₹1,76,000 per kg

Recent Silver Price Movements in India

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

  • November 28th: ₹176 per gram, ₹1,76,000 per kg (3000)
  • November 27nd: ₹173 per gram, ₹1,73,000 per kg (4000)
  • November 26th: ₹169 per gram, ₹1,69,000 per kg (2000)
  • November 25th: ₹167 per gram, ₹1,67,000 per kg (4000)
  • November 24th: ₹163 per gram, ₹1,63,000 per kg (-1000)

Silver prices in India displayed clear volatility through the week, reflecting shifts in demand and broader market cues. The metal slipped slightly to ₹163 per gram on November 24, marking the week’s only decline. The trend reversed on November 25, with prices rebounding to ₹167 per gram, followed by another steady rise to ₹169 per gram on November 26. Momentum strengthened further on November 27 as silver touched ₹173 per gram, one of the sharpest jumps of the week. By November 28, the uptrend remained intact, with prices climbing to ₹176 per gram, signalling sustained bullish sentiment toward the week’s close.

Outlook

Silver prices in India have shown a strong and consistent upward recovery, rising from ₹163 per gram on November 24 to ₹176 per gram on November 28. The trend reflects a smooth climb rather than erratic movement. A brief dip early in the week followed by steady gains and a sharp late-week upswing. This structure indicates sustained buying interest and stable market momentum.
With the metal now trading within a ₹163–₹176 per gram band, sentiment remains firmly positive. Strong industrial demand, festive-season purchases, and supportive global cues are expected to keep domestic silver prices elevated in the near term.

Conclusion

Silver is currently priced at ₹176 per gram as of November 28, 2025, marking a significant rise from earlier levels. Backed by steady retail and industrial demand, the metal maintains a bullish undertone, with room for further upside should global precious-metal trends continue to strengthen.

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