Silver price today in India has touched around Rs 1,60,000 per kilogram, rising nearly Rs 3,000 in just a day. This strong jump has once again shifted investor attention toward Silver ETFs, especially Tata Silver ETF (TATASILV) and Nippon India Silver ETF (SilverBees).
With global silver trading around US$ 38–40 per ounce, the share market outlook for November–December 2025 looks promising. Let’s explore what’s driving this rally and whether it’s a good time to invest.
1. Silver Market Overview
As of November 2025:
- Silver price today in India: Rs 1,58,000 – Rs 1,60,000 per kg
- Global silver rate: US$ 38 – 40 per ounce
- December 2025 Futures Contract: Around US$ 38.5/oz
- ETF trend: Strong inflows in Indian and global markets
The steady price increase shows both industrial and investment demand are keeping the market strong.
Read Also: From Rs 1.8 Lakh to Rs 2.4 Lakh per kg: Indian Silver Market’s 2026 Vision
2. Reasons Behind the Silver Price Surge
The current rally in silver is not only due to investor interest but also driven by industrial demand and limited global supply.
Major factors include:
- Solar and Renewable Energy Growth: Silver is essential in solar PV cells, which are expanding rapidly.
- Electric Vehicle Revolution: Silver is used in EV circuits and sensors.
- Electronics and AI Devices: Demand for semiconductors and chips is at an all-time high.
- Supply Deficit: Global mine output remains limited.
- Investor Buying: ETFs and physical silver buyers continue to accumulate positions.
Over 50% of total silver consumption in 2025 comes from industrial applications, creating a solid base for long-term demand.
3. Silver ETFs in India - The Modern Way to Invest
Silver ETFs allow investors to gain exposure to silver without owning it physically.
Tata Silver ETF (TATASILV)
- Managed by Tata Mutual Fund
- Tracks the domestic silver price based on London Bullion Market benchmarks
- Fully backed by physical silver stored in vaults
- Easy to buy and sell through stock exchanges
Nippon India Silver ETF (SilverBees)
- Among the most popular and liquid silver ETFs in India
- Mirrors domestic silver prices
- Suitable for both short-term traders and long-term investors
Both ETFs benefited from the recent rally, as prices climbed from Rs 1.45 lakh/kg to Rs 1.60 lakh/kg during late 2025.
4. Global Silver ETFs - SLV and SIVR
Internationally, iShares Silver Trust (SLV) and Aberdeen Silver ETF (SIVR) dominate the market. Both are backed by physical silver holdings and have recorded strong inflows in 2025. These trends indicate global investor confidence in the metal’s long-term potential.
5. Price Forecast for November–December 2025
Analysts expect silver prices to remain stable to bullish over the next few months.
Forecasted Range:
- Global: US$ 38 – 41 per ounce
- India: Rs 1.55 lakh – Rs 1.70 lakh per kg
If the US dollar weakens and industrial demand remains strong, silver could easily cross Rs 1.70 lakh per kg. However, a stronger dollar or slower global growth might cap the rally.
6. Why Consider Silver ETFs Now
Silver ETFs such as TATASILV, SilverBees, SLV, and SIVR are becoming investor favorites because they:
- Eliminate the need to store physical silver
- Offer liquidity and transparent pricing
- Have lower transaction costs
- Can be easily traded using a Demat account
- Diversify portfolios beyond gold and equities
These funds also benefit directly from rising industrial demand, making them an attractive long-term choice.
7. Risk Factors
Investors should note that silver prices are more volatile than gold or Gold ETF. A strong US dollar, interest-rate hikes, or weaker industrial demand can cause short-term corrections.
However, with renewable energy and electric mobility expanding, silver’s long-term fundamentals remain strong.
8. Expert Outlook for 2026
Experts predict that by 2026, silver could trade between US$ 45–65 per ounce, supported by global renewable projects. In India, this could mean prices between Rs 1.65–1.85 lakh per kg, depending on currency and import duties.
Final Thoughts
The silver price today in India highlights growing investor confidence. Rising industrial use, a global supply deficit, and increasing ETF inflows suggest that silver could continue its upward journey.
For Indian investors, Tata Silver ETF (TATASILV) and SilverBees are the easiest and safest options to participate in this trend. Those seeking diversification, inflation protection, and exposure to the green-energy revolution should consider silver ETFs as part of their investment portfolio.
Key Takeaways
- Current Price: Rs 1.6 lakh/kg (India)
- Global Rate: US$ 38–40/oz
- Outlook: Stable to Bullish
- Top ETFs: TATASILV, SilverBees, SLV, SIVR
- Ideal For: Long-term investors seeking diversification
Disclaimer: This article is for informational and educational purposes only. It is not financial or investment advice. Silver and ETF prices are subject to market risks and volatility. Investors should do their own research or consult a certified financial advisor before making any investment decisions.