Silver Rate Today 7 November 2026: Check State-Wise Prices

Silver Rate Today 7 November 2026: Check Latest Prices

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Silver Rate Today: What Is the Price of 1 Kg Silver?

Silver prices remained in focus across Indian bullion markets on Saturday, November 7, 2026. According to the All India Bullion market update, the 999 fine silver benchmark at Mumbai's Zaveri Bazaar stood at ₹1,90,823 per kilogram at 1:44 PM IST.

The price increased by ₹82 per kilogram compared with the previous closing level. However, different online market sources are reporting varying silver prices because of differences in pricing methods, market premiums and update timings.

Consumers planning to purchase silver should check the latest local quotation before placing an order.

Silver Price in India on November 7, 2026

According to the available All India Bullion reference rate, the price of 999 fine silver is:

These are indicative benchmark prices. GST and jewellery-making charges are not included.

State-Wise Silver Rate in India

The following table shows representative city-based silver quotations for selected Indian states and Delhi.

Important: These are representative city-level quotations, not uniform prices for every location within each state. Independently verified November 7 quotations for all other states were not available in this market dataset.

Silver Prices in Delhi, Mumbai and Chennai

Delhi recorded an indicative silver price of approximately ₹1,90,898 per kilogram. Mumbai's benchmark stood at ₹1,90,823 per kilogram, while Chennai recorded approximately ₹1,90,923 per kilogram.

The differences reflect regional market conditions and dealer premiums. Actual retail prices may differ from these reference quotations.

What Influences Silver Prices in India?

Silver prices are influenced by several domestic and international factors.

• International silver market movements.
• Changes in the rupee-dollar exchange rate.
• Industrial demand for silver.
• Investor buying and selling activity.
• Local supply conditions and dealer premiums.

These factors can cause silver prices to fluctuate during trading sessions.

What Should Buyers Check Before Purchasing Silver?

Buyers should verify silver purity before purchasing jewellery, coins or bars. Fine silver marked 999 contains 99.9% silver, whereas 925 sterling silver contains 92.5% silver.

Customers should also check the weight, applicable GST and making charges. A proper purchase invoice should clearly mention these details.

Conclusion

On November 7, 2026, the All India Bullion reference price for 999 fine silver stood at ₹1,90,823 per kilogram. Major Indian cities recorded slightly different quotations. Buyers should confirm the latest local market price before making a purchase.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Actual retail prices may vary by location, purity and seller.