Silver Prices Today, November 11, 2026: Rate Falls ₹50 to ₹2,000 per 10 gm on Wednesday; Senco Gold Jumps 3.57%

New Delhi, Nov 11: Silver prices fell to Rs 2,000 per 10 grams on Wednesday, according to Goodreturns.in. That is Rs 50, or 2.44 per cent, lower than Monday’s rate of Rs 2,050 per 10 grams. The new rate works out to Rs 200 per gram and Rs 20,000 per 100 grams, while one kilogram of silver costs Rs 2,00,000, against Rs 2,05,000 on Monday. The rate is the same in all 10 major cities tracked, from Chennai to Ahmedabad. These are bullion rates and do not include taxes or making charges. 

Silver prices in India are linked to international prices, which can move in either direction, and local dealers adjust their rates accordingly. Monday’s city-wise listings showed silver at Rs 2,05,000 per kilogram, so today’s rate is Rs 5,000 lower per kilogram than on Monday. The fall also takes silver Rs 100, or 4.76 per cent, below the Rs 2,100 per 10 grams it reached on Thursday, November 5. 

Several factors move the rate from day to day, including international silver prices, the rupee and expectations for US interest rates. The rupee looks firmer, with USD/INR November futures at ₹93.9100 around 10:42 am, against ₹94.0350 on Monday morning. A stronger rupee lowers the rupee cost of imported silver. 

For a buyer of 10 grams, the price is Rs 2,000 before taxes, which is Rs 50 less than the Rs 2,050 a buyer paid on Monday. A purchase of 20 grams costs Rs 4,000 against Rs 4,100 on Monday, and 50 grams costs Rs 10,000 against Rs 10,250. Anyone buying 100 grams will pay Rs 20,000, down from Rs 20,500. Every extra 10 grams now adds Rs 2,000 to the bill, compared with Rs 2,050 on Monday. 

On a per-gram basis, silver is at Rs 200, down Rs 5 from Monday’s Rs 205. For bulk buyers, one kilogram costs Rs 2,00,000, and the same rate applies in Mumbai, Delhi, Kolkata, Bengaluru, Hyderabad, Kerala, Pune, Vadodara and Ahmedabad as well as Chennai. A 5-kilogram purchase would cost Rs 10,00,000 at today’s rate, which is Rs 25,000, or 2.44 per cent, less than it would have cost on Monday. 

Silverware and jewellery will cost more once making charges and 3% GST are added. GST alone comes to about ₹6 on one gram of silver, ₹60 on 10 grams, ₹600 on 100 grams and ₹6,000 on a kilogram. Including GST, 10 grams of silver comes to about ₹2,060 today, against ₹2,112 on Monday. 

Dhanteras and Diwali are over, and silver is now cheaper than it was at the festival. A 50-gram silver coin or bar costs ₹10,000 before making charges and GST, ₹250 less than the ₹10,250 charged on Monday and on Dhanteras. A 100-gram silver bar costs ₹20,000, ₹500 less than on Monday. 

City-Wise Silver Rates Today 

The table below lists silver rates for 10 major Indian cities for 10 grams, 100 grams and one kilogram. All ten cities show the same rates today, as they did on Monday, and each of them is Rs 50 lower per 10 grams. There is no city-level premium or discount in silver today. 

Silver: 10 Major Cities (10 gm, 100 gm and 1 kg) 

City	10 gm	100 gm	1 kg
Chennai	₹2,000	₹20,000	₹2,00,000
Mumbai	₹2,000	₹20,000	₹2,00,000
Delhi	₹2,000	₹20,000	₹2,00,000
Kolkata	₹2,000	₹20,000	₹2,00,000
Bangalore	₹2,000	₹20,000	₹2,00,000
Hyderabad	₹2,000	₹20,000	₹2,00,000
Kerala	₹2,000	₹20,000	₹2,00,000
Pune	₹2,000	₹20,000	₹2,00,000
Vadodara	₹2,000	₹20,000	₹2,00,000
Ahmedabad	₹2,000	₹20,000	₹2,00,000

Source: Goodreturns.in 

Jewellery Stocks Today 

Jewellery stocks were mostly higher in early trade on Wednesday as the Nifty 50 surged after Tuesday’s market holiday. The Nifty 50 was at 25,360.25 around 10:43 am, up 315.60 points or 1.26 per cent from Monday’s close of 25,044.65, which was itself 0.23 per cent higher on the day. Senco Gold rose 3.57 per cent, Vaibhav Global gained 3.05 per cent and PN Gadgil Jewellers added 1.57 per cent, while Silgo Retail fell 0.73 per cent. 

Company	Ticker	Price	Change
Senco Gold	SENCO	₹333.35	+₹11.50 (+3.57%)
Vaibhav Global	VAIBHAVGBL	₹170.67	+₹5.05 (+3.05%)
PN Gadgil Jewellers	PNGJL	₹621.60	+₹9.60 (+1.57%)
Silgo Retail	SILGO	₹71.11	-₹0.52 (-0.73%)

Source: NSE market data 

Senco Gold was the strongest, trading at ₹333.35, up ₹11.50 or 3.57 per cent from Monday’s close of ₹321.85. It opened at ₹324.75, 0.90 per cent above the previous close, and its low of ₹322.30 stayed above that close. It climbed to a high of ₹337.55, 4.88 per cent above the previous close, and trades above its volume-weighted average price (VWAP) of ₹332.31. It is ₹13.10 or 4.09 per cent above the ₹320.25 it traded at on Monday morning. Sellers lead the order book at 65.77 per cent, with 2,49,560 shares against 1,29,911, up from 60.99 per cent on Monday. 

Vaibhav Global opened at ₹167.49, 1.13 per cent above the previous close of ₹165.62, and climbed steadily to a high of ₹170.89, 3.18 per cent above that close. It is at ₹170.67, up ₹5.05 or 3.05 per cent, and above its VWAP of ₹169.34. It is ₹4.61 or 2.78 per cent above the ₹166.06 it traded at on Monday morning. The order book is evenly balanced, with buyers at 50.18 per cent and 82,007 shares against 81,425, down from 60.87 per cent on Monday. 

PN Gadgil Jewellers opened at ₹615.00, 0.49 per cent above the previous close of ₹612.00, and touched a high of ₹627.50, 2.53 per cent above that close. Its low of ₹612.10 stayed above the previous close. It is at ₹621.60, up ₹9.60 or 1.57 per cent, but below its VWAP of ₹622.83. It is ₹14.00 or 2.30 per cent above the ₹607.60 it traded at on Monday morning. Buyers narrowly lead the order book at 50.86 per cent, with 1,03,572 shares against 1,00,066, down from 66.16 per cent on Monday. 

Silgo Retail opened at ₹73.00, 1.91 per cent above the previous close of ₹71.63, and that opening price is also the day’s high. It held near the opening level until around 9:50 am, then fell to a low of ₹70.73, 1.26 per cent below the previous close. It is at ₹71.11, down ₹0.52 or 0.73 per cent, and below its VWAP of ₹71.84. It is ₹1.10 or 1.52 per cent below the ₹72.21 it traded at on Monday morning. Sellers lead the order book at 65.62 per cent, with 15,833 shares against 8,295, up from 57.73 per cent on Monday. 

Silver fell 2.44 per cent from Monday, yet three of the four jewellery counters gained, so the stocks did not follow the metal lower. Senco Gold and Vaibhav Global beat the Nifty 50’s 1.26 per cent gain by a wide margin, PN Gadgil Jewellers was slightly ahead of it, and Silgo Retail fell against a rising index. On Monday, in contrast, Vaibhav Global and PN Gadgil rose while Senco Gold and Silgo Retail fell. 

Gold Rates Today 

24-carat gold costs Rs 1,41,980 per 10 gm (Rs 14,198 per gram) in most cities, down Rs 2,620 from Monday’s Rs 1,44,600. 

22-carat gold is at Rs 1,30,150 per 10 gm (Rs 13,015 per gram), down Rs 2,400 from Monday’s Rs 1,32,550. 

18-carat gold is at Rs 1,06,490 per 10 gm (Rs 10,649 per gram), down Rs 1,960 from Monday’s Rs 1,08,450. 

Delhi is the costliest city, with 24-carat gold at Rs 1,42,130 per 10 gm, Rs 150 above the Mumbai cluster. 

Source

•  Goodreturns.in
• NSE market data
• Rates are indicative and subject to change; confirm with your local dealer before purchase.