Silver Prediction for Monday, 9 November 2026

This silver prediction for monday follows a Friday, 6 November 2026 session in which silver futures on MCX fell 1.08 percent after opening below the previous settlement and slipping to a low about 2,500 rupees under the close.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking silver and global cues through the weekend, with the next regular trading session on Monday, 9 November 2026.

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What Friday Told Us

• Silver traded at Rs 185,127.00 per kg, down 1.08 percent on the 4 December 2026 futures, with a high of 185,692.00 and a low of 182,585.00.
• Nifty 50 rose 2.01 percent.
• India VIX rose 12.77 percent to 17.57.

Silver Prediction for Monday: Key Levels

Silver (4 December 2026 futures) traded between 182,585.00 and 185,692.00 on Friday, against a previous close of 187,140.00, and settled at 185,127.00. On the downside, 182,585.00 is the first reference level to watch if the day's move is tested. On the upside, 185,692.00 and 187,140.00 mark the nearest resistance. Univest's analysts treat these as reference points drawn from Friday's trading range, not as targets.

Trend	Support	Resistance
Negative	182,585.00	185,692.00, 187,140.00

MCX contracts keep trading into the evening, so the last traded price can differ from the figures above by the time you read this. The levels here use the 4 December 2026 contract.

For traders, this silver prediction for monday is a framework for planning risk, with position size and stop levels left to the individual.

Key Drivers for Monday

• Silver fell 1.08 percent on the MCX 4 December contract, with a high of 185,692.00 and a low of 182,585.00.
• The range of about 3,107 rupees was wide for the session, and the price recovered part of the fall from the low.
• Gold fell 1.12 percent, so the two metals moved down together by a similar amount.

Ankit Jaiswal and Kunal Singla suggest revisiting this silver prediction for monday after the first thirty minutes of Monday's trade.

Anyone following this silver prediction for monday should keep the next session's opening range in view before reading too much into early moves.

Nothing in this silver prediction for monday is a promise of returns, and every level quoted can fail.

What to Watch Alongside Silver

Silver often moves with gold but swings harder, so traders watch the gold-silver relationship for confirmation. Zinc fell 0.45 percent and copper fell 0.83 percent, while Nifty Metal rose 0.76 percent, so metal equities did not follow the futures lower.

In short, the silver prediction for monday rests on Friday's verified close and the weekend risks listed below.

How Friday's Broader Session Unfolded

The Nifty 50 closed at 25,030.35, up 2.01 percent, and finished at the high of the day after opening almost unchanged and climbing about 642 points from a low of 24,388.05. It closed above the 25,000 mark and about 8.6 percent above last Friday's close of 23,053.10. The Sensex closed at 81,028.02, up 2.17 percent, and the Bank Nifty closed at 59,086.00, up 2.27 percent, also at the day's high. This was the sixth straight daily gain for both the Nifty 50 and the Sensex. India VIX, the market's fear gauge, rose 12.77 percent to 17.57 even as the indices climbed, which points to traders pricing in wider swings. The Nifty Midcap 50 rose 0.33 percent and the Nifty 500 rose 1.01 percent, while the Nifty Smallcap 250 fell 0.84 percent, so large caps led the rise. Nifty Private Bank rose 3.22 percent and Nifty Financial Services rose 2.57 percent, while Nifty IT rose only 0.43 percent and Nifty PSU Bank rose 0.60 percent. NSE's holiday calendar shows regular equity trading is closed on Tuesday, 10 November 2026, for Diwali Balipratipada. The trigger for the broad rise was not independently confirmed.

Univest's analysts suggest treating this silver prediction for monday as a preparation note for Monday, 9 November 2026, rather than a signal that changes over the weekend.

Analyst View for Monday

Kunal Singla suggests that silver needs to reclaim 187,140, the previous settlement, to improve the tone, with 182,585 the support to watch.

Ankit Jaiswal flags that the recovery of about 2,500 rupees from the low is a small positive, though the price still closed well under the settlement.

This silver prediction for monday will be most useful when read alongside the support and resistance table above.

Why This Is Written for Monday

This silver prediction for monday is written after the close on Friday, 6 November 2026, using Friday's closing data, for the next regular trading session on Monday, 9 November 2026. Regular equity trading is closed on Saturday, 7 November. On Sunday, 8 November, NSE and BSE hold a special Muhurat trading session for Diwali Laxmi Pujan from 2:20 PM to 3:30 PM, so prices can move before Monday opens. Treat this as a briefing to prepare for Monday's session, not a live call that updates over the weekend.

MCX futures trade late into Friday night and then pause for the weekend, so global moves after Friday's close can open Monday with a gap. MCX evening trade continues on Tuesday, 10 November, even though NSE equities are closed.

A fair reading of this silver prediction for monday is that Friday's data sets the context, while Monday's first hour decides how much of it carries forward.

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Risks to This Prediction

• Silver is more volatile than gold, so a move can be sharp in either direction.
• A firmer US Dollar Index over the weekend could push silver back toward Friday's low of 182,585.
• Global moves over the weekend can open Monday with a gap and exaggerate short-term moves in the first minutes of trade.

Readers comparing views should note that this silver prediction for monday draws only on Friday's closing numbers and the factors listed here.

As with any silver prediction for monday, the opening minutes of Monday's trade will confirm or challenge the levels discussed here.

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The silver prediction for monday also depends on India VIX, so a fresh rise in volatility would weaken the case made here.

Conclusion

The silver prediction for monday leans mildly cautious into 9 November 2026, with global cues and the US Dollar Index as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Monday's opening trade confirms direction.

Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.

Frequently Asked Questions

What is the silver prediction for monday?

Ans. It is mildly cautious for 9 November 2026, after Silver traded at Rs 185,127.00 per kg on Friday, down 1.08 percent.

Why is this a prediction for Monday, 9 November 2026?

Ans. Because regular Indian equity trading is closed on Saturday and Sunday, so the next regular session after Friday, 6 November 2026, is Monday, 9 November 2026. A special Muhurat session is scheduled on Sunday, 8 November.

Why did silver fall on Friday?

Ans. Silver fell 1.08 percent on the MCX 4 December contract after trading in a range of about 3,107 rupees. The specific reason was not independently confirmed.

What are the key silver levels for Monday?

Ans. Friday's low of 182,585.00 is the nearest support below the price. Friday's high of 185,692.00 and the previous settlement of 187,140.00 are the nearest resistance.

Is this a buy or sell call?

Ans. No. This is an educational outlook from Univest's research team, not a buy or sell call. Traders should check any view against their own risk plan before acting.