Silver Prices Today, November 12, 2026: Rate Steady at ₹2,000 per 10 gm on Thursday; Senco Gold Rises 2.30%

New Delhi, Nov 12: Silver prices were unchanged at Rs 2,000 per 10 grams on Thursday, according to Goodreturns.in. That is the same as Wednesday’s rate and Rs 50, or 2.44 per cent, lower than Monday’s rate of Rs 2,050 per 10 grams. The 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, the same as on Wednesday and 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. The Rs 2,000 rate has now held for two straight readings, after Wednesday’s fall of Rs 50. Silver is Rs 5,000 per kilogram below Monday’s Rs 2,05,000, and 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. A firmer rupee lowers the rupee cost of imported silver, while a weaker one raises it. Dealers revise their rates as the day’s international prices become known, so a flat reading means those inputs left the rate where it was on Wednesday.

For a buyer of 10 grams, the price is Rs 2,000 before taxes, the same as on Wednesday and 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 adds Rs 2,000 to the bill, compared with Rs 2,050 on Monday.

On a per-gram basis, silver is at Rs 200, unchanged from Wednesday and 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 Rs 6 on one gram of silver, Rs 60 on 10 grams, Rs 600 on 100 grams and Rs 6,000 on a kilogram. Including GST, 10 grams of silver comes to about Rs 2,060 today, against Rs 2,112 on Monday.

Dhanteras and Diwali are over, and silver remains cheaper than it was at the festival. A 50-gram silver coin or bar costs Rs 10,000 before making charges and GST, Rs 250 less than the Rs 10,250 charged on Monday and on Dhanteras. A 100-gram silver bar costs Rs 20,000, Rs 500 less than on Monday. The coin and bar prices are unchanged from Wednesday.

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 Wednesday, and each of them is Rs 50 lower per 10 grams than on Monday. 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 mixed in morning trade on Thursday as the Nifty 50 extended its gains. The Nifty 50 was at 25,302.15 around 11:21 am, up 47.10 points or 0.19 per cent from Wednesday’s close of 25,255.05, which was itself 0.84 per cent higher on the day. Senco Gold rose 2.30 per cent, PN Gadgil Jewellers added 0.97 per cent and Silgo Retail gained 0.17 per cent, while Vaibhav Global fell 1.42 per cent.

Jewellery Stocks: Price and Change

Company	Ticker	Price	Change
Senco Gold	SENCO	₹339.55	+₹7.65 (+2.30%)
Vaibhav Global	VAIBHAVGBL	₹168.52	-₹2.43 (-1.42%)
PN Gadgil Jewellers	PNGJL	₹635.55	+₹6.10 (+0.97%)
Silgo Retail	SILGO	₹70.17	+₹0.12 (+0.17%)

Source: NSE market data

Senco Gold was the strongest, trading at Rs 339.55, up Rs 7.65 or 2.30 per cent from Wednesday’s close of Rs 331.90. It is Rs 17.70 or 5.50 per cent above Monday’s close of Rs 321.85, and Wednesday’s close was itself 3.12 per cent above that level, so the stock has risen in both sessions since the Tuesday holiday. It has beaten the Nifty 50’s 0.19 per cent gain by a wide margin.

Vaibhav Global opened at Rs 170.54, 0.24 per cent below the previous close of Rs 170.95, touched a high of Rs 172.49, 0.90 per cent above that close, and slid to a low of Rs 168.25. It is at Rs 168.52, down Rs 2.43 or 1.42 per cent, and below its volume-weighted average price (VWAP) of Rs 169.87. The stock is trading close to its day’s low of Rs 168.25 after opening near the previous close. It remains Rs 2.90 or 1.75 per cent above Monday’s close of Rs 165.62, after Wednesday’s close was 3.22 per cent above it. Sellers lead the order book at 54.40 per cent, with 82,344 shares against 69,014.

PN Gadgil Jewellers opened at Rs 635.00, 0.88 per cent above the previous close of Rs 629.45, and touched a high of Rs 639.00, 1.52 per cent above that close. Its low of Rs 630.85 stayed above the previous close. It is at Rs 635.55, up Rs 6.10 or 0.97 per cent, and above its VWAP of Rs 634.88. It is Rs 23.55 or 3.85 per cent above Monday’s close of Rs 612.00. Buyers lead the order book at 54.40 per cent, with 1,09,817 shares against 92,039.

Silgo Retail opened at Rs 69.06, 1.41 per cent below the previous close of Rs 70.05, and that opening price is also the day’s low. It rose to a high of Rs 71.00, 1.36 per cent above the previous close. It is at Rs 70.17, up Rs 0.12 or 0.17 per cent, but below its VWAP of Rs 70.48. It is Rs 1.46 or 2.04 per cent below Monday’s close of Rs 71.63. Buyers lead the order book at 56.94 per cent, with 15,200 shares against 11,493.

Silver was flat from Wednesday and 2.44 per cent below Monday, yet three of the four jewellery counters gained, so the stocks did not track the metal. Senco Gold and PN Gadgil Jewellers beat the Nifty 50’s 0.19 per cent gain, Silgo Retail was marginally behind it, and Vaibhav Global fell against a rising index. On Wednesday, in contrast, only Silgo Retail closed lower than on Monday. Silver’s flat reading did little to move the jewellery stocks either way.

Gold Rates Today

24-carat gold costs Rs 1,39,800 per 10 gm (Rs 13,980 per gram) in most cities, down Rs 2,180 from Wednesday’s Rs 1,41,980.

22-carat gold is at Rs 1,28,150 per 10 gm (Rs 12,815 per gram), down Rs 2,000 from Wednesday’s Rs 1,30,150.

18-carat gold is at Rs 1,04,850 per 10 gm (Rs 10,485 per gram), down Rs 1,640 from Wednesday’s Rs 1,06,490.

Delhi is the costliest city, with 24-carat gold at Rs 1,39,950 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.