Home / Business and Economy / Silver Prices Soar, Dhanteras Shoppers Seek Affordable Alternatives
Silver Prices Soar, Dhanteras Shoppers Seek Affordable Alternatives
16 Oct
Summary
- Silver prices breach ₹1.9 lakh/kg mark
- Buyers turn to silverware as 24K, 22K, 18K gold become unaffordable
- Lightweight jewelry and silver coins in demand for Dhanteras
On October 17, 2025, silver prices have breached the ₹1.9 lakh/kg mark, driven by a blazing buying spree in both international and domestic markets. This sharp rise in the white metal's value has presented a challenge for Dhanteras shoppers, as 24K, 22K, and 18K gold have become increasingly unaffordable for many.
As a result, several buyers are likely to turn to silverware as a more accessible alternative for the auspicious Dhanteras muhurat shopping. However, the blistering rally in silver prices may mean that there will be fewer options available, and consumers may have to opt for lightweight jewelry or silver pieces and coins instead of their usual gold purchases.
The surge in silver prices comes at a time when the precious metal has become a more attractive investment option for many, particularly as a hedge against rising inflation and economic uncertainty. This trend is expected to continue in the lead-up to Dhanteras, as buyers seek out more affordable yet auspicious options for their festive celebrations.
