Silver Price Today, 16 November 2025: Spot Silver Hovers Near $51 as India Rates Cool From Record Zone

Silver prices are easing back from recent decade‑high levels this Sunday, 16 November 2025, but the metal remains in a powerful uptrend globally and across key retail markets such as India.

Below is a detailed, SEO‑friendly breakdown of silver price today in USD, INR and EUR, plus the latest news, drivers and forecasts.

Key Takeaways – Silver Price Today (16.11.2025)

Global spot silver is trading around $50.6–$50.9 per ounce, down roughly 3–3.5% from Friday’s close but still near multi‑year highs. ^[1]
That’s about $1.62–$1.63 per gram and $1,630–$1,635 per kilogram in U.S. dollars. ^[2]
In India, most national benchmarks peg silver around ₹1.69–1.75 lakh per kilogram (₹1,690–1,750 per 10g), slightly below recent peaks but up ~11% so far in November on some wholesale measures. ^[3]
In Europe, silver is around €1.40 per gram, up more than 50% over the past year in euro terms. ^[4]
Despite today’s pullback, analysts still describe 2025 as a bull year for silver, with major banks such as HSBC and others expecting wide trading ranges and the possibility of retesting or exceeding the 2011 record high near $50/oz. ^[5]

Note: All prices are indicative and can move quickly. Always check a live feed or your broker/jeweller for executable quotes.

Global Spot Silver Price Today in USD

Real‑time bullion feeds this morning show spot silver consolidating just under the $51 handle:

JM Bullion quotes spot silver at $50.77 per ounce, down $1.65 (‑3.25%) from the previous session, with $1.63 per gram and $1,632.29 per kilo, as of 06:44 EST on 16 November 2025. ^[6]
Gainesville Coins shows a very similar picture: $50.85/oz, $1.63/g and $1,634.85/kg, down $1.74 on the day, at 07:10 EST. ^[7]
Kitco’s 24‑hour silver chart reports a bid of $50.47 and ask of $50.59 per ounce, a fall of $1.73 or about ‑3.3%versus Friday, with the day’s range at roughly $50.0–$53.6. ^[8]
U.S. dealer Coin Gallery (Phoenix) lists spot silver at $50.62 around 07:08 EST, consistent with the global feeds. ^[9]

Taken together, that puts silver price today around $50.6–$50.9/oz, depending on the data provider and timing.

Weekly context: From spike to shake‑out

Exchange data show that on Friday, 14 November 2025, silver futures and spot prices spiked above $53.5 intradaybefore reversing sharply:

TwelveData’s XAG/USD series shows a high of about $53.56 on 14 November and a close near $50.75, a big intraday swing. On 15 November, silver traded in a narrower band around $50.55. ^[10]
Investing.com’s XAG/USD overview records Friday’s session as a ‑3.4% move, with a day’s range of $50.06–$53.58, and a 52‑week range from roughly $28.16 to $54.50, underscoring how elevated today’s price still is. ^[11]

In other words, today’s silver price dip is more of a pullback from recent highs than the start of a deep crash. Many technical commentators describe this as a classic “mean‑reversion” phase after a powerful rally:

A DailyForex weekly outlook notes that silver had “a wild week” making fresh highs before an “absolute plunge in value”, and suggests the metal may now be setting up for its next upside phase if key support zones around $50 hold. ^[12]

Silver Price Today in India (INR) – National and City Rates

India remains one of the most important physical silver markets in the world, and silver rate today (16 November 2025)reflects both the global pullback and this year’s huge domestic rally.

National benchmarks: Around ₹1.69 lakh/kg

The pan‑India wholesale benchmark tracked by GoodReturns shows:

₹1,69,000 per kg
₹16,900 per 100g
₹1,690 per 10g
Date: 16 November 2025

These levels are unchanged from Saturday, but up strongly from earlier in the month: silver rose from ₹1,52,000/kg on 1 November to ₹1,69,000/kg today, an 11.18% jump in just over two weeks, with a monthly high of ₹1,73,100/kg on 14 November. ^[13]

English‑language outlet Lokshahi reports a very similar national picture, stating that on 16 November:

Silver in India is ₹169 per gram and ₹1,69,000 per kg,
Down from ₹173.20/g (₹1,73,200/kg) on 15 November and ₹173.10/g (₹1,73,100/kg) on 13–14 November. ^[14]

That implies a drop of about ₹4,000/kg (~2.4%) from Friday’s high, aligning with the global pullback in USD.

City snapshots: Delhi, Hyderabad and others

Local prices vary across states and jewellers due to taxes, logistics and local demand, but several data points stand out today:

New Delhi (ABP Live, IBJA data)
- ₹168,059 per kg on 16 November 2025, down 1.05% from ₹169,848 yesterday and about 3.6% below Friday’s peak of ₹174,419/kg.
- Silver in Delhi is still significantly above last week’s level of around ₹160,576/kg (10 November). ^[15]
Hyderabad (GoodReturns city rates)
- ₹175 per gram and ₹1,75,000 per kg today, unchanged from Saturday.
- City‑level data show silver rising from ₹1,66,000/kg on 1 November to ₹1,75,000/kg today, despite a brief spike to ₹1,83,100/kg on 14 November, a 5.42% gain for the month so far. ^[16]
All‑India city grid (BankBazaar)
- BankBazaar lists silver at ₹175 per gram (₹1,750 per 10g) across a long list of cities—including Mumbai, Delhi, Chennai, Bengaluru, Ahmedabad and others—on its “Silver Rate in Indian Cities today” table, with no change versus the prior session. ^[17]

These figures highlight a range of roughly ₹1.69–1.75 lakh/kg today across major Indian markets, depending on whether you’re looking at wholesale benchmarks or retail jewellery quotes.

Domestic media coverage on 16 November 2025

Indian business outlets are framing the move as a welcome breather after a furious rally:

A GoodReturns gold‑rate update emphasizes that gold prices have stabilised after “two dramatic drops,” and silver is likewise off its highs but still elevated. ^[18]
Lokshahi’s morning piece explicitly headlines a “Significant Drop” in gold prices with silver rates also softening, highlighting buyers “rushing as prices fall” and quoting the ₹169/g national silver rate. ^[19]

For jewellers and silverware buyers, this means slightly lower costs than at mid‑week peaks, but prices remain historically high versus early 2024 or 2023.

Silver Price Today in Europe and Other Currencies

In Europe, live silver price data show:

€1.40 per gram of fine silver today
7‑day performance: +4.17%
1‑year performance: +51.64%
3‑year performance: +110%+, illustrating how far silver has run in this cycle. ^[20]

The same data set notes that silver in EUR terms is down about 2.3% over the past 30 days, showing that today’s pullback is part of a broader consolidation after a very strong multi‑month trend. ^[21]

Because silver is priced globally in U.S. dollars, these euro‑denominated returns also reflect currency moves: a softer dollar tends to amplify gains in non‑USD currencies, while a stronger dollar can dampen local‑currency performance.

What’s Driving Silver Prices on 16 November 2025?

Even though today is Sunday, silver trades around the clock in global OTC markets. As Gainesville Coins notes, spot silver is a 24‑hour market influenced by futures trading on COMEX, London OTC flows and physical demand. ^[22]

Several themes are behind today’s price action and the broader 2025 rally.

1. Profit‑taking after a powerful 2025 bull run

Silver’s move this year has been spectacular:

Capital.com notes that silver climbed from around $23/oz in late 2023 to a high of $54.46 on 17 October 2025, more than doubling in about two years and surging ~127% versus October 2023. ^[23]
An HSBC research note highlighted by Investing.com in October said silver was up nearly 65% year‑to‑date in 2025, compared with a ~55% YTD spike in gold. ^[24]
Investing.com’s XAG/USD page still shows a one‑year change of about +67% as of this week. ^[25]

After such a run, sharp corrections are normal. Technical commentary on Investing.com describes silver futures entering a “textbook mean‑reversion phase” as prices slid back into the $50.8–$51.1 zone during Friday’s sell‑off. ^[26]

2. Safe‑haven flows tied to gold’s record year

Gold’s extraordinary 2025 rally is a major backdrop:

FXLeaders writes that gold is on track for its best annual performance since 1979, with prices above $4,000/ozthis year. ^[27]

HSBC’s commodity team explicitly links silver’s strength to gold’s safe‑haven appeal:

The bank raised its 2025 average silver price forecast to $38.05/oz and 2026 to $44.50/oz, and now sees silver ending 2025 around $49/oz.
It argues that silver is “on the cusp” of surpassing the 2011 record high near $50/oz, with a projected $45–53/oz trading range for the rest of 2025, as gains in gold “attract ancillary buying in silver” and physical supplies remain tight. ^[28]

Even with today’s pullback, spot silver trading around $50–51 fits neatly inside that HSBC range.

3. Interest‑rate expectations and U.S. macro data

Silver, like gold, reacts strongly to interest‑rate expectations and the U.S. dollar:

A recent market update on BPF News noted that silver “slipped to around $51 per ounce” even as it stayed near three‑week highs, with signs of U.S. labour‑market weakness boosting expectations of rate cuts and acting as the next major trigger for precious metals. ^[29]
Moneycontrol’s commodities preview for the week ahead highlights that traders are now focused on U.S. jobs data and upcoming FOMC minutes starting 17 November, which could shift expectations for the Fed’s path and, in turn, metals prices. ^[30]

Lower real yields and a softer dollar tend to support silver, but after big rallies, even mildly hawkish noises from central banks can spark abrupt profit‑taking, as we’ve seen this week.

4. Industrial demand and investment themes

While silver is trading like a macro asset, industrial fundamentals still matter:

Capital.com’s analysis points to a steady recovery in Chinese industrial demand, especially in manufacturing sectors, as one factor supporting silver in 2025, even though overall activity remains subdued. ^[31]
The longer‑term bullish narrative also leans on solar panel (photovoltaic) demand, electronics and EVs, all of which use significant amounts of silver. (These trends have been building for years and pre‑date 2025.)

On the investment side, a strong bias toward long positions in silver CFDs and ETFs is evident. Capital.com reports that roughly 87% of its silver CFD positions are held by buyers in late October, signalling crowded bullish sentiment that can amplify both rallies and corrections. ^[32]

5. Technical traders and Elliott Wave watchers

On 16 November 2025 itself, several traders’ notes and videos are dissecting silver’s chart:

A “Weekly Pairs in Focus” piece on DailyForex remarks that silver made a fresh new high before an “absolute plunge in value,” suggesting the market may be resetting before another potential leg higher if support holds. ^[33]
An Elliott Wave video update published on TalkMarkets this morning analyses current wave patterns and Fibonacci retracement levels for both gold and silver, with an eye on where the next impulse wave could start. ^[34]

In short, today’s chop around $50–51/oz is very much on technical traders’ radar.

How Does Today’s Silver Price Compare to the Recent Past?

Putting today’s levels in perspective:

In USD terms, silver is still close to its highest levels in over a decade, after briefly trading above $54/oz in October 2025. ^[35]
In India, GoodReturns data show silver rising from ₹1,13,000/kg in August 2025 to ₹1,69,000/kg today, with a spike to ₹1,90,000/kg on 15 October 2025, representing a dramatic climb over just a few months. ^[36]
In euro terms, GoldPriceZ’s Europe feed shows silver up over 50% in one year and roughly 97% over the past two years, confirming that the bull market is not just a dollar story. ^[37]

At the same time, the last 30 days have brought:

A 2–3% pullback in EUR terms, ^[38]
A retracement from the mid‑$50s toward $50 in USD, ^[39]
A drop from mid‑October’s near‑₹1.90 lakh/kg in India to the ₹1.69–1.75 lakh/kg range today. ^[40]

So while today’s silver price is lower than the absolute peaks, it remains exceptionally high by historical standards.

Silver Price Forecasts for Late 2025 and 2026

Forecasts are not guarantees, but they do shape market sentiment. A few high‑profile outlooks:

HSBC (Investing.com report)
- 2025 average silver price forecast: $38.05/oz
- 2026 average forecast: $44.50/oz (both raised from prior estimates)
- End‑2025 target: $49/oz
- Expected trading range for the rest of 2025: $45–53/oz, implying that today’s ~$50 level sits in the middle of their assumed band. ^[41]
Multi‑bank & research consensus (Capital.com survey of forecasts)
- ING: $39/oz average in 2025, $49.75/oz in 2026
- Scotiabank: $34.47/oz for 2025, $33/oz for 2026
- UBS: silver around $52/oz by the end of 2025 and $55/oz by mid‑2026
- Bank of America: 12‑month target raised to $65/oz, one of the more bullish calls
- Capital.com summarises the forecast range between roughly $33 and $65 per ounce, with many base‑case views clustering around the mid‑$40s. ^[42]
Indian rupee targets
- A mid‑year outlook from ETMarkets suggested that silver could reach ₹2 lakh/kg by 2026 if the global rally sustains, a level domestic prices briefly approached on spikes in October. ^[43]

The takeaway: Analysts see a very wide path forward. Most agree that:

Silver is in a secularly bullish phase driven by safe‑haven and industrial demand.
After such huge gains, sharp corrections and volatility are likely to remain the norm.

None of these projections should be taken as personal investment advice—they simply illustrate how uncertain and two‑sided the risk now is at these elevated levels.

What Today’s Silver Price Means for Different Market Participants

For investors and traders

Trend followers still see silver in a strong uptrend, albeit one that is temporarily correcting.
Short‑term traders may treat the $50 area as a key battleground:
- A decisive break below could open room toward the mid‑$40s in many technical roadmaps. ^[44]
- A bounce that holds above $50 and reclaims $53–54 could confirm the next leg of the bull run.

Risk management is critical here: the same leverage that boosted profits on the way up can magnify losses during pullbacks.

For jewellers, manufacturers and physical buyers

The ₹4,000–5,000/kg drop in Indian prices from Thursday–Friday highs to today’s levels offers some relief on input costs, especially for jewellers and silverware producers. ^[45]
However, compared with the start of 2025, prices are still 30–70% higher in many currencies, so finished product prices remain elevated.

For miners and silver equities

While today’s article focuses on spot metal, equity markets are also reacting: for example, First Majestic Silver (NYSE: AG) had its rating cut to “Hold” by Wall Street Zen in a note published 16 November 2025, reflecting more cautious sentiment after the sector’s big run‑up. ^[46]

Equity analysts often worry that miners lag or underperform the metal after extended rallies, especially if costs or political risks rise.

Quick FAQ – Silver Price Today, 16 November 2025

What is the silver price per ounce today (16.11.2025)?
Most live feeds place spot silver around $50.6–$50.9 per ounce, roughly 3–3.5% lower than Friday’s close. ^[47]

What is the silver price per gram and per kilo today?
Roughly $1.62–$1.63 per gram and $1,630–$1,635 per kilogram in USD, depending on the vendor and moment of quote. ^[48]

What is the silver rate in India today (per kg)?
Most benchmarks fall in the ₹1.69–1.75 lakh per kg band today, with national wholesale rates around ₹1,69,000/kg and many large cities quoting ₹175/g (₹1,75,000/kg) at retail. ^[49]

Is silver still in an uptrend despite today’s drop?
Yes. On most charts, silver remains in a strong medium‑term uptrend, with 1‑year gains of 50–70% depending on currency, even after this week’s sharp correction. ^[50]

Will silver prices go up or down from here?
No one knows for sure. Analyst forecasts for the next 12–18 months range roughly from $33 to $65 per ounce, centred in the mid‑$40s, reflecting both bullish potential and meaningful downside risk. ^[51]

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