This time Dhanteras will be celebrated across the country on 5th November. Buying silver on Dhanteras is considered auspicious. Most people buy silver coins on this day. As soon as Dhanteras arrives, the purchase of silver increases. If purchases increase, prices are bound to increase. In such a situation, this time also people are going to have to spend more money to buy than before. This rise in silver prices can be estimated from the data of the last 10 years. In November 2016, the price of one kg silver was around Rs 44 thousand. At the same time, on November 1, 2026, it increased to around Rs 1.79 lakh. That means the price of silver has increased by about 308 percent in 10 years. At the same time, its prices have increased by about 87 percent in the last two years alone.

On Dhanteras, a large number of people buy silver coins and other things. Silver is considered a symbol of wealth, prosperity and good fortune. According to religious beliefs, buying silver on this day brings happiness and prosperity to the house. However, this time due to increased prices of silver, buyers are having to stretch their wallets more.

Silver price on Dhanteras in last 10 years

Silver prices have not increased every year. Some years its prices increased and some years a decline was also recorded. However, if we look at the long-term data, the price of silver has increased significantly. According to the data published on Bullions.in, how the price of silver has changed in the last 10 years can be understood from this table.

Year Date Silver Price (per kg)
2016 5 November Rs 44,014
2017 November 2 Rs 39,533
2018 2 November Rs 38,502
2019 2 November Rs 48,410
2020 2 November Rs 65,220
2021 2 November Rs 64,830
2022 2nd November Rs 60,690
2023 2 November Rs 72,520
2024 2 November Rs 95,760
2025 2 November Rs 1,48,860
2026 1 November Rs 1,79,440

It is clear from these figures that in November 2016, about Rs 44 thousand had to be spent to buy one kg of silver. At the same time, in November 2026, approximately Rs 1.79 lakh will have to be paid for this. In this way, silver has become costlier by about 308 percent in 10 years. However, there was no continuous increase in prices during this period. Silver prices declined in 2017 and 2018. After this, a rise in prices was recorded in 2019 and 2020. A decline was seen again in 2021 and 2022. At the same time, there is an upward trend in silver prices from 2023 onwards.

Silver became expensive by almost 87 percent in two years

The rise in silver prices in the last two years has greatly affected the pockets of buyers. On November 2, 2024, the price of one kg silver was around Rs 95,760. At the same time, on November 1, 2026, its price increased to approximately Rs 1,79,440.

In this way, the price of one kg silver increased by about Rs 83,680 in two years. If seen in percentage, silver has become costlier by about 87 percent during this period. This means that in 2024, for the same amount of money, one kilogram of silver could be purchased, now only about half a kilogram of silver will be available.