Silver Price Today, November 13, 2026: Silver Rebounds After Sharp Fall, Check Latest Rates in Major Indian Cities

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Silver Rate Today, November 13, 2026: Silver prices in India witnessed a recovery on Friday morning following a sharp decline in the previous trading session. The precious metal recorded gains in both domestic and international markets, attracting renewed attention from investors, bullion traders and jewellery buyers. According to the latest reported retail rates, silver was priced at ₹1,99,900 per kilogram across several major Indian cities, including Delhi, Mumbai, Jaipur, Chennai, Kolkata and Hyderabad.

Meanwhile, silver futures on the Multi Commodity Exchange (MCX) advanced by 0.59% during early trading, indicating a positive opening for the precious metal.

Silver Price Today: MCX Futures Rise by ₹1,063

Silver futures started the November 13 trading session on a stronger note after the previous day's decline.

According to the reported market data, silver futures on MCX gained ₹1,063, or approximately 0.59%, reaching ₹1,79,787 per kilogram during early trading.

In the preceding session, the contract had closed at ₹1,78,724 per kilogram.

The recovery suggests renewed buying interest following the recent correction, although short-term price movements can change rapidly depending on market conditions.

The report also cited a bullion market quotation of ₹1,80,190 per kilogram, while the retail reference price was listed at ₹1,99,900 per kilogram.

These figures represent different market quotations and should not be treated as interchangeable. Futures contracts, wholesale bullion prices and retail rates can differ because of contract specifications, taxes, premiums and other pricing factors.

Silver Rate Today, November 13, 2026: City-Wise Price List

According to the Goodreturns figures reproduced in the original report, silver was quoted at ₹1,99,900 per kilogram in the following major cities.

City

Silver Price (1 kg)

Silver Price (10 grams)

Delhi

₹1,99,900

₹1,999

Mumbai

₹1,99,900

₹1,999

Ahmedabad

₹1,99,900

₹1,999

Chennai

₹1,99,900

₹1,999

Kolkata

₹1,99,900

₹1,999

Hyderabad

₹1,99,900

₹1,999

Jaipur

₹1,99,900

₹1,999

Bhopal

₹1,99,900

₹1,999

Lucknow

₹1,99,900

₹1,999

Thiruvananthapuram

₹1,99,900

₹1,999

Note: The 10-gram figures are calculated from the reported kilogram rates. Prices are based on the supplied November 13, 2026 article and have not been independently verified against live bullion quotations. Actual purchase prices may vary by dealer, taxes and applicable charges.

Silver Prices Recover After Previous Session's Decline

The precious metals market has experienced considerable fluctuations in recent trading sessions.

After recording losses in the previous session, silver moved higher during early trading on November 13.

The MCX futures price increased from ₹1,78,724 to ₹1,79,787 per kilogram, representing a gain of ₹1,063.

Such movements are closely monitored by traders because silver is influenced by both investment demand and industrial consumption.

Unlike gold, which is primarily associated with investment, jewellery and central bank reserves, silver also has extensive industrial applications.

It is used in electronics, solar panels, electrical equipment and several manufacturing processes.

As a result, changes in global industrial demand can influence silver prices alongside broader financial market developments.

International Silver Prices Also Move Higher

The recovery in silver was not limited to Indian markets.

According to the original report, precious metals traded higher on the international COMEX market during the November 13 session.

Silver futures reportedly gained 0.76% to trade near $50.445 per troy ounce.

Gold also moved into positive territory, recording an increase of approximately 0.89% and trading around $3,919.90 per troy ounce.

The simultaneous rise in gold and silver indicates positive price momentum across both precious metals during the reported trading period.

However, international prices are constantly changing, and the figures represent the market levels cited in the morning report rather than guaranteed prices for the entire trading day.

Why Are Gold and Silver Prices Fluctuating?

Precious metal prices are influenced by several global economic and financial factors.

One important factor is the movement of the US dollar.

Since gold and silver are generally priced internationally in dollars, changes in the dollar's value can affect demand from buyers using other currencies.

When the US dollar strengthens, precious metals may become more expensive for international buyers, potentially putting downward pressure on demand.

Conversely, a weaker dollar can make dollar-denominated metals relatively more affordable for overseas buyers.

Another major factor is the movement in US Treasury bond yields.

Higher bond yields can increase the attractiveness of interest-bearing investments compared with precious metals, which do not generate regular interest income.

When bond yields decline, the opportunity cost of holding precious metals may decrease, potentially supporting demand.

However, these relationships are not guaranteed, and prices can move differently depending on prevailing market conditions.

How Do US Economic Policies Affect Silver Prices?

Decisions taken by the US Federal Reserve can have a significant influence on international precious metal markets.

Changes in interest rates, inflation expectations and monetary policy guidance can affect investor sentiment.

For example, expectations of higher interest rates may support the US dollar and bond yields, potentially weighing on precious metal prices.

On the other hand, expectations of monetary easing may create more favourable conditions for gold and silver.

Investors also monitor US inflation reports, employment figures and economic growth indicators to assess the likely direction of future monetary policy.

These developments can contribute to sudden price movements in international commodity markets.

What Is Silver 999 and Why Is It Popular?

Silver 999 refers to silver with a purity level of 99.9%.

It is commonly used in investment-grade silver bars and coins because of its high precious metal content.

Investors often prefer clearly marked purity standards when purchasing physical silver.

However, buyers should distinguish between the quoted metal rate and the final amount charged by a dealer.

The final purchase price may include applicable GST, dealer premiums, manufacturing charges or other costs.

For jewellery purchases, design complexity and making charges can also affect the total bill.

Should Investors Buy Silver After the Latest Recovery?

The latest increase in silver prices highlights the volatility that can occur in commodity markets.

Although prices recovered during early trading on November 13, a single positive session does not establish a sustained upward trend.

Investors generally evaluate several factors before making decisions, including global silver demand, industrial consumption, currency movements and interest rate expectations.

Those considering physical silver should also account for storage, purity verification, dealer margins and the difference between buying and selling prices.

For buyers purchasing silver jewellery or coins, comparing quotations from multiple trusted sellers can help identify differences in charges.

Silver Price Outlook: What Could Influence Rates Next?

The direction of silver prices in the coming sessions may depend on developments in international financial markets.

Movements in the US dollar, Treasury yields, geopolitical conditions and industrial demand are likely to remain important factors.

Domestic prices may also be influenced by fluctuations in the Indian rupee against the US dollar.

If international silver prices continue rising, domestic bullion quotations may face upward pressure, although the final movement will depend on exchange rates and local market conditions.

For November 13, 2026, the reported market update shows silver recovering from its previous decline, with MCX futures gaining 0.59% and the listed retail reference price standing at ₹1,99,900 per kilogram across major Indian cities.

Consumers and investors should check the latest market quotations before making purchases because silver prices can change throughout the trading session.

Disclaimer: This article is intended for informational purposes only. Precious metal prices are subject to market fluctuations. Readers should verify current rates and consult a qualified financial adviser before making investment decisions.

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