Silver rate today on October 13: As gold sets new record, silver shines amid global volatility - Check silver rate in Delhi, Mumbai, Kolkata - Full list

Silver rate today on October 13: Amid the spectacular rally of gold, silver is also inching towards new high. With India on shopping spree ahead of Diwali, silver rates across all cities in India have sung to a new peak. As per a Monday Bloomberg report, silver rose around 1.1% to approach $51 an ounce. Similarly, palladium and platinum both rose up over two percent. Gold set a record above $4,060 an ounce, after notching an eighth straight weekly gain on Friday. With silver finding its new shine, here are rate of the precious metal across various categories as per the data published by Goodreturns.

Meanwhile, Tata Mutual Fund's Silver Outlook (October 2025) report noted that strong investment demand, a significant silver supply deficit, and potential Fed rate cuts could continue to support silver prices over the medium to long term, spanning a three- to five-year horizon. The report suggested that silver may outperform gold in the medium term, driven by a favorable gold/silver ratio, recovery in developed economies, robust industrial demand-particularly from China-and projected global supply deficits.

It further explained that rising investment and industrial demand, coupled with recovery expectations in China, are positively influencing silver prices.

Here's look at silver rate across major Indian cities (Data by Goodreturns) 

Silver futures (December 2025 contract) surged 4.07% to Rs 1,52,427 per kg on the MCX, rising Rs 5,961 from the previous close of Rs 1,46,466.