Silver Prediction for Tomorrow, 12 November 2026

This silver prediction for tomorrow follows a Wednesday, 11 November 2026 session in which silver futures on MCX rose 2.85 percent to Rs 187,787.00 per kg on the 4 December contract, against a previous settlement of 182,576, and traded 192 rupees below the high of 187,979.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking global cues and currency moves ahead of Thursday's session, the next regular trading day after Wednesday's close.

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What Wednesday Told Us

• Silver rose 2.85 percent to Rs 187,787.00 per kg on the 4 December 2026 futures contract, with a high of 187,979.00 and a low of 185,290.00.
• Nifty 50 rose 0.84 percent to 25,255.05.
• India VIX rose 0.92 percent to 17.58.
• Most active among the stocks Univest tracked: HDFC Bank (about 56.4 million shares), ICICI Bank (about 29.2 million) and ONGC (about 26.3 million).

Silver Prediction for Tomorrow: Key Levels

Silver (4 December 2026 futures) traded between 185,290.00 and 187,979.00 on Wednesday, opened at 185,414.00, against a previous settlement of 182,576.00, and was at 187,787.00 when the data was pulled. On the downside, 185,414.00, 185,290.00 and 182,576.00 are the first reference levels to watch if the day's move is tested. On the upside, 187,979.00 marks the nearest resistance. Univest's analysts treat these as reference points drawn from Wednesday's trading range, not as targets.

Trend	Support	Resistance
Positive	185,414.00, 185,290.00, 182,576.00	187,979.00

MCX contracts keep trading into the evening, so the live price can differ from these figures. The levels here use the 4 December 2026 futures contract and its previous settlement of 182,576.00.

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

Key Drivers for Thursday

• Silver rose 2.85 percent, the largest gain among the MCX contracts Univest tracks.
• The price stayed above the open of 185,414.00 and within 192 rupees of the high.
• Gold rose only 0.74 percent, so silver outpaced it, and the US Dollar Index remains the main external driver.

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

Anyone following the silver prediction for tomorrow should keep the opening range in view before reading too much into early moves.

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

What to Watch Alongside Silver

Copper rose 0.66 percent to Rs 1,346.10 per kg and zinc rose 0.30 percent to Rs 411.60, so industrial metals also gained but far less than silver. Silver's mix of precious and industrial demand is why it often swings more than gold.

In short, the silver prediction for tomorrow rests on Wednesday's verified prices and the overnight risks listed below.

These are educational views, not buy calls, and each should be checked against your own risk plan before acting.

How Wednesday's Broader Session Unfolded

Nifty PSU Bank jumped 2.94 percent and Nifty Auto rose 2.14 percent, while Nifty IT fell 0.53 percent and Nifty Pharma fell 0.41 percent. India VIX, the market's fear gauge, rose 0.92 percent to 17.58 from 17.42, after trading between 15.64 and 17.83 during the day. The Nifty 50 closed at 25,255.05 on Wednesday, up 0.84 percent from Monday's close of 25,044.65, in the first regular session after Tuesday's Diwali Balipratipada holiday. It opened with a gap-up at 25,337.80, touched a high of 25,424.35, dipped to 25,095.35 and finished about 169 points below the high. The Sensex closed at 81,879.40, up 0.95 percent, while the Bank Nifty closed at 60,792.40, up 1.76 percent, about 602 points below its high of 61,394.30. Nifty Next 50 rose 0.96 percent, Nifty Midcap 50 rose 0.93 percent and the Nifty 500 rose 0.90 percent, so the rise was broad rather than limited to the heavyweights. In the options market, the Nifty put-call ratio was approximately 0.77, with call open interest highest at the 25,500 strike and put open interest highest at 25,000, for the 17 November expiry. The trigger for Wednesday's moves was not independently confirmed.

Placed against that backdrop, the silver prediction for tomorrow reads Wednesday's move in the context of a broader market that closed higher.

Analyst View for Thursday

Kunal Singla suggests that silver can hold above 185,414, the open, while a push above 187,979 would extend the move.

Ankit Jaiswal flags that after a rise of 2.85 percent, a pause toward the open would be normal, so 182,576, the previous settlement, is the deeper support.

Both analysts stress that the silver prediction for tomorrow is a view built on levels and data, not a forecast of returns.

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

Why This Is Written for Tomorrow

This silver prediction for tomorrow is written on Wednesday, 11 November 2026, after the close, using today's closing data, for the next regular trading session tomorrow, Thursday, 12 November 2026. NSE and BSE reopened today after Tuesday's closure for Diwali Balipratipada, and tomorrow is a regular session with no exchange holiday.

Because the equity market is shut for the day, the silver prediction for tomorrow relies on Wednesday's close rather than any live price.

MCX contracts were still trading when the data was pulled at 3:39 PM IST and keep trading into the evening, so prices at the time you read this can differ from the figures above. The levels use the 4 December 2026 futures contract.

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Risks to This Prediction

• After a 2.85 percent rise, a pause toward the open of 185,414 would be normal.
• A rebound in the US Dollar Index could pull silver back toward the previous settlement of 182,576.
• Silver's wide daily range of 2,689 rupees can trigger sharp swings in the first minutes after a gap.

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

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

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Conclusion

The silver prediction for tomorrow leans constructive into 12 November 2026, with the US Dollar Index and the gold link as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Thursday'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 tomorrow?

Ans. It is constructive but stretched for 12 November 2026, after Silver rose 2.85 percent to Rs 187,787.00 per kg on Wednesday.

Why is this a prediction for tomorrow, 12 November 2026?

Ans. Because this note is published on Wednesday, 11 November 2026, after the close, and the next regular trading session is tomorrow, Thursday, 12 November 2026. There is no exchange holiday on that date.

Why did silver rose on Wednesday?

Ans. Silver rose 2.85 percent to Rs 187,787.00 per kg. The specific reason was not independently confirmed.

What levels matter for silver tomorrow?

Ans. Support sits near 185,414.00, 185,290.00 and 182,576.00. Resistance sits near 187,979.00.

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.