If silver was on your Dhanteras list, you're in luck — it's gotten noticeably cheaper this month.
Silver prices fell 11.8%, almost three times faster than gold's 4.2% drop, as expensive oil, the US Federal Reserve hinting at higher interest rates for longer, and cooling factory demand pulled it down.
On a ₹1 lakh silver purchase, that works out to roughly ₹11,800 in savings.
What this means for you
- Silver jewellery, coins, or utensils bought this week cost meaningfully less than a month ago — a real saving if you'd budgeted for it.
- Gold dipped too, just gently (4.2%), so it remains the steadier pick if you want your festive buy to hold value over years.
- Silver swings more because factories buy it too, not just households — so this dip could reverse just as fast.
What you can do
- If silver was already on your Dhanteras list, this is a fair week to buy — you're not overpaying.
- Don't chase silver purely because it's fallen; buy what suits your festival, not a quick trade.
Either way, your Dhanteras shopping budget stretches a little further this year.
Grow with clarity 🌱