Silver Price in November 2025
In November 2025, silver rose 17.6%, from $47.99 at the end of October to $56.45 per troy ounce on November 28, 2025. The highest close was $56.45 on November 28, 2025, the lowest $47.13 on November 4, 2025, and the average over 19 trading days was $50.48. Today's price is 4.7% lower than the November 2025 close.
- Silver rose 17.6% in US dollars in November 2025, leaving it up 95.0% for the year to date.
- Measured in other currencies, the change ranged from +16.4% in MXN to +19.4% in JPY, because exchange rates moved too.
- It did better than gold (+6.5%), bitcoin (−17.5%) and US stocks (+0.2%).
- It closed higher on 11 trading days and lower on 8, with an average daily move of 1.87%.
- It set 2 record closing highs (London price, records since 1968), the last on 28 November.
- Gold/silver ratio: 83.3 → 75.4.
- The biggest reaction to a scheduled US release was to the Jobs report (September 2025) on 20 November: −1.1% that day.
Silver price chart, November 2025
US dollars per troy ounce · daily closeSilver in other currencies, November 2025
| Currency | Change in the month |
|---|---|
| JPY | +19.4% |
| TRY | +18.9% |
| INR | +18.6% |
| AUD | +18.0% |
| CAD | +18.0% |
| PKR | +17.8% |
| EUR | +17.3% |
| CNY | +17.0% |
| GBP | +16.9% |
| ZAR | +16.7% |
| MXN | +16.4% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, November 2025
| Asset | Change (USD) |
|---|---|
| Silver | +17.6% |
| Gold | +6.5% |
| Bitcoin | −17.5% |
| S&P 500 (with dividends) | +0.2% |
| Silver, year to date (end of November) | +95.0% |
| Gold/silver ratio | 83.3 → 75.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
The Fed and US Data in November 2025
Scheduled US releases this month and how silver moved. For Fed decisions the move covers two sessions, because the statement comes after the gold futures settle.
| Date | Release | Result | Silver |
|---|---|---|---|
| Thu 20 Nov | Jobs report (September 2025) | — | −1.1% |
Daily Silver Prices, November 2025
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 999 India, ₹ per kg | UAE, AED per kg |
|---|---|---|---|---|---|
| Nov 3Mon | $47.89 | −0.22% | $1.54 | ₹1,36,682 | AED 5,652.77 |
| Nov 4Tue | $47.13 | −1.58% | $1.52 | ₹1,34,439 | AED 5,563.29 |
| Nov 5Wed | $47.86 | +1.56% | $1.54 | ₹1,36,544 | AED 5,649.82 |
| Nov 6Thu | $47.79 | −0.14% | $1.54 | ₹1,36,078 | AED 5,641.67 |
| Nov 7Fri | $48.02 | +0.47% | $1.54 | ₹1,36,892 | AED 5,668.00 |
| Nov 10Mon | $50.18 | +4.50% | $1.61 | ₹1,43,026 | AED 5,922.97 |
| Nov 11Tue | $50.62 | +0.88% | $1.63 | ₹1,44,363 | AED 5,975.02 |
| Nov 12Wed | $53.33 | +5.36% | $1.71 | ₹1,51,690 | AED 6,295.39 |
| Nov 13Thu | $53.07 | −0.48% | $1.71 | ₹1,51,174 | AED 6,264.93 |
| Nov 14Fri | $50.59 | −4.68% | $1.63 | ₹1,44,460 | AED 5,971.72 |
| Nov 17Mon | $50.63 | +0.07% | $1.63 | ₹1,44,342 | AED 5,975.85 |
| Nov 18Tue | $50.45 | −0.35% | $1.62 | ₹1,43,768 | AED 5,955.19 |
| Nov 19Wed | $50.79 | +0.67% | $1.63 | ₹1,44,608 | AED 5,995.33 |
| Nov 20Thu | $50.25 | −1.07% | $1.62 | ₹1,42,949 | AED 5,931.23 |
| Nov 21Fri | $49.87 | −0.74% | $1.60 | ₹1,42,214 | AED 5,887.08 |
| Nov 24Mon | $50.30 | +0.85% | $1.62 | ₹1,44,940 | AED 5,936.90 |
| Nov 25Tue | $50.93 | +1.27% | $1.64 | ₹1,45,985 | AED 6,012.32 |
| Nov 26Wed | $52.92 | +3.89% | $1.70 | ₹1,51,671 | AED 6,246.28 |
| Nov 28Fri | $56.45 | +6.67% | $1.81 | ₹1,62,178 | AED 6,662.97 |
How November usually goes for silver
In the 20 years from 2006 to 2025, silver rose in November 8 times out of 20, with an average move of +1.5% and a median of −2.2%.
Silver in November 2025: FAQ
What was the price of silver in November 2025?
Silver traded between $47.13 and $56.45 per troy ounce (daily closes) in November 2025, averaging $50.48. It closed the month at $56.45.
How much did silver go up in November 2025?
Silver rose 17.6%, from $47.99 to $56.45. The biggest daily rise was +6.7% on November 28, 2025 and the biggest fall −4.7% on November 14, 2025.
What was the silver price on November 3, 2025?
Silver closed at $47.89 per troy ounce on November 3, 2025, the first trading day of the month. 999 India, ₹ per kg: ₹1,36,682.
Is November usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in November 8 times out of 20, with an average move of +1.5% and a median of −2.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in November 2025?
Silver rose 18.6% in Indian rupee terms in November 2025, compared with +17.6% in US dollars.
Did silver beat stocks in November 2025?
Yes. Silver was +17.6% for the month, against +0.2% for the S&P 500 with dividends.
How did silver react to the Fed and US data in November 2025?
Of 1 scheduled US release this month, the biggest move came after the Jobs report (September 2025) on 20 November: −1.1%. The full list with each reaction is on this page.