Diwali 2026 is on Sunday, 8 November 2026 — in 16 days. On Diwali 2025 (20 Oct), silver was ₹1,44,633 per kg; today it is ₹1,63,559 (+13.1%). Since Diwali 2004 (₹11,025), silver in rupees has risen 13.1-fold — +13.1% a year on average — and was higher than on the previous Diwali in 12 of 21 years.
Next Diwali
8 Nov 2026
in 16 days
Today
₹1,63,559
₹/kg, live
Diwali 2025
₹1,44,633
+13.1% since
Per year since 2004
+13.1%
in rupees
Up on the year
12 of 21
years
Silver rate on Diwali, 2004–2025
999 silver, ₹ per kg
Silver Rate on Every Diwali
Price on each Diwali (the last close before it when markets were shut), the change from the previous Diwali, and the change from then to today.
International silver price in US dollars (COMEX futures close), converted at that day's exchange rate. This is the value of the metal before import duty, 3% GST, dealer premiums and making charges. When a festival fell on a weekend or holiday, the last close before it is used. Dates link to that month's daily prices.
Before and After Diwali
Change in the silver price (in rupees) over the 30 days leading up to Diwali, and over the 30 days after it.
30 days before: rose
16 of 22 years
Median, 30 days before
+2.0%
30 days after: fell
14 of 22 years
Median, 30 days after
−1.9%
If you had bought silver every Diwali
× 1 kg of silver
Buying 1 kg of silver on Diwali every year since 2004 (22 times) would have cost ₹9,62,978 in total. At today's price it is worth ₹35,98,301 (+274%).
Metal value only: no taxes, making charges or selling costs. Not investment advice.
About Diwali
On Diwali evening families worship Lakshmi, the goddess of wealth, and India's stock exchanges hold a one-hour "Muhurat trading" session to start the new Samvat year. Gold and silver coins are bought and offered during the puja, and the Diwali week is the peak of India's festive buying season.
Diwali falls on the new-moon day (amavasya) of Kartik, when Lakshmi Puja is performed. Dates on this page are as observed in New Delhi, India; some regions mark the day a day earlier or later. Dates from the AstroSage panchang for New Delhi, cross-checked with Drik Panchang, Prokerala and timeanddate.com.
Diwali 2025 fell on Monday, 20 October 2025. 999 silver, ₹ per kg: ₹1,44,633; 999 silver, ₹ per 10 grams: ₹1,446 (international price, converted at that day's exchange rate, before local taxes and making charges). That was +64.4% compared with the previous Diwali.
What was the silver rate on Diwali 2024?
Diwali 2024 fell on Friday, 1 November 2024. 999 silver, ₹ per kg: ₹87,981; 999 silver, ₹ per 10 grams: ₹880 (international price, converted at that day's exchange rate, before local taxes and making charges). That was +47.8% compared with the previous Diwali.
What was the silver rate on Diwali 2023?
Diwali 2023 fell on Sunday, 12 November 2023. 999 silver, ₹ per kg: ₹59,509; 999 silver, ₹ per 10 grams: ₹595 (international price, last close before the festival on 10 Nov 2023, converted at that day's exchange rate, before local taxes and making charges). That was +17.0% compared with the previous Diwali.
When is Diwali 2026?
Diwali 2026 is on Sunday, 8 November 2026. It falls on the new-moon day (amavasya) of Kartik, when Lakshmi Puja is performed. Dates on this page are as observed in New Delhi, India.
Does the silver price go up before Diwali?
Not reliably. In the 30 days before Diwali, silver in rupees rose in 16 of 22 years since 2000, with a median change of +2.0%. Festival buying adds to demand, but the price is set by the world market, the dollar and the exchange rate.
Does silver get cheaper after Diwali?
In the 30 days after Diwali, silver in rupees fell in 14 of 22 years and rose in 8, with a median change of −1.9%. Past patterns are not a guide to any particular year.
How much has the silver rate risen since Diwali 2004?
From ₹11,025 on Diwali 2004 to ₹1,44,633 on Diwali 2025 (999 silver, ₹ per kg), or +13.1% a year. The biggest rise from one Diwali to the next was +86.1% (2009) and the biggest fall −28.6% (2008).
Why do people buy silver on Diwali?
On Diwali evening families worship Lakshmi, the goddess of wealth, and India's stock exchanges hold a one-hour "Muhurat trading" session to start the new Samvat year. Gold and silver coins are bought and offered during the puja, and the Diwali week is the peak of India's festive buying season.
Are these the prices in shops?
No. They are the international silver price converted at that day's exchange rate — the value of the metal itself. Shop prices add import duty (which has changed many times since 2000) and GST (3% since July 2017), plus the dealer's premium and making charges on jewellery.