Dhanteras 2026 Silver Rate Today: Silver Prices Correct Across India on November 6, 2026

Written by: Team Angel OneUpdated on: 6 Nov 2026, 5:43 pm IST

Silver prices ease by over 0.6% today ahead of Dhanteras 2026, with city-wise rates adjusting downward following minor international fluctuations.

Silver prices witnessed a mild correction on November 6, 2026, breaking the continuous gain from previous days as minor international fluctuations influenced local bullion markets.

Despite today's consolidation, multi-year structural supply deficits and surging industrial demand maintain a strong long-term upward trend, reflecting consistent underlying demand from investors and commercial users ahead of the festive season.

City-Wise Silver Prices on November 6, 2026

Major Indian cities registered lower silver rates today. Across all major benchmark markets listed below, silver posted a uniform daily correction of ₹1,173 per kilogram.

City	Silver Price (₹/kg)	Change
Ahmedabad	1,89,531	-1,173 (-0.62%)
Bengaluru	1,89,666	-1,173 (-0.62%)
Chennai	1,89,622	-1,173 (-0.62%)
New Delhi	1,89,581	-1,173 (-0.62%)
Hyderabad	1,89,557	-1,173 (-0.62%)
Jaipur	1,89,522	-1,173 (-0.62%)
Kolkata	1,89,622	-1,173 (-0.62%)
Mumbai	1,89,506	-1,173 (-0.62%)

Why Are Silver Prices Adjusting?

While today saw a routine technical correction, the overarching macroeconomic and structural drivers remain intensely focused on clean energy and tight supplies:

Industrial & Green Energy Demand: Continued expansion in solar photovoltaics, electric vehicles (EVs), power grid infrastructure, and AI-related hardware requires consistent silver inputs over the long term.
Structural Deficits: Multi-year supply deficits persist due to aging mines and constrained byproduct recovery from lead and zinc operations globally.
Macroeconomic Factors: Short-term profit booking and stabilization in international spot values led to minor corrections, though lower yield trends continue to support non-yielding assets fundamentally.

Conclusion

Silver continues to exhibit overall baseline strength across India despite today's minor drop, as structural shortages and heavy industrial-cum-retail demand are expected to keep prices elevated in the long run.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Nov 6, 2026, 12:13 PM IST

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