Quick answer:
Diwali 2026 falls on Sunday, 8 November, with Dhanteras on Friday, 6 November. Silver is trading near ₹1.85–1.95 lakh per kg, roughly half its January peak. Buy only BIS-hallmarked silver (925 or 999 with a HUID code) and, if you resell, stock early for Pongal and the wedding season.
Silver has lost about half its value since January. Diwali is two days away. That raises one question for every silver retailer and gift buyer: is this the right moment to buy?
This guide gives you the Diwali 2026 dates, the live silver rate data, a five-step purity check and a practical stocking plan. Every number comes from a source you can open and verify. It is written by Hari Silvears, a Madurai silver manufacturer supplying retailers across India since 1963.
In this guide:
- Diwali 2026 date and the five-day calendar
- What the silver rate data says right now
- Diwali sale details for wholesale buyers
- Which silver items to stock or gift
- How to check silver purity in five steps
- FAQs on Diwali 2026 and silver
When is Diwali 2026? The five-day calendar
Diwali 2026 falls on Sunday, 8 November 2026, on the night of Kartik Amavasya. The festival runs for five days. It starts with Dhanteras on Friday, 6 November and ends with Bhai Dooj on Tuesday, 10 November.
| Day | Festival | Date 2026 | What happens |
|---|---|---|---|
| 1 | Dhanteras | Fri, 6 Nov | Buy silver, gold, utensils; Lakshmi-Kubera puja |
| 2 | Naraka Chaturdashi (Choti Diwali) | Sat, 7 Nov | Diyas, rangoli, home preparation |
| 3 | Diwali / Lakshmi Puja | Sun, 8 Nov | Main day; evening Lakshmi-Ganesh puja |
| 4 | Govardhan Puja | Mon, 9 Nov | Annakut food offerings; continued festive shopping |
| 5 | Bhai Dooj | Tue, 10 Nov | Siblings exchange gifts |
On Diwali night, the Lakshmi Puja window (Pradosh Kaal) in Delhi runs from 5:47 PM to 7:13 PM, according to Dekho Panchang. The window shifts from city to city, so check a local panchang or your temple before you plan the puja.
A simple Diwali week plan for shop owners
Use Friday for peak Dhanteras footfall and keep coins, small gifts and anklets at the front of the counter. Use Saturday to restock fast sellers. Plan your hours around the Sunday evening puja so your team can celebrate too. Use Monday and Tuesday to push gift items for Bhai Dooj, and note which products sold out so your next wholesale order is accurate. A few minutes of record-keeping now saves guesswork at Pongal.
Is Diwali on 8 or 9 November 2026?
People often search “8 or 9 November” because regional calendars can differ. The panchang sources we checked list the main Lakshmi Puja on Sunday, 8 November.
Why silver matters on Diwali
Dhanteras opens the festival and is considered the most auspicious day to buy gold, silver and metal items. Families worship Lakshmi, Kubera and Dhanvantari in the evening, then bring home something that holds value.
The money follows the tradition. The Confederation of All India Traders (CAIT) expects roughly ₹60,000 crore of business across India on Dhanteras 2026. Jewellers expect gold and silver sales to rise 20–30% by value, according to the All India Gem and Jewellery Domestic Council (GJC).
Silver plays a special role. GJC vice chairman Avinash Gupta said consumers pick gold for the main ceremony and silver jewellery and articles for other rituals. GJC chairman Rajesh Rokde added that silver keeps attracting younger buyers because it is affordable and comes in a wider range of designs.
Silver rate on Diwali 2026: what the live data says
Two numbers matter. First, silver is about 52% below its 29 January 2026 peak. Second, it is still about 14% above last year’s Dhanteras level.
| Date | Silver (₹ per kg) | Source / basis |
|---|---|---|
| 29 Jan 2026 (record peak) | ₹4,04,500 | PTI, via Free Press Journal |
| Dhanteras 2025 (18 Oct 2025) | ₹1,70,000 | PTI, via Free Press Journal |
| 5 Nov 2026 | ₹1,94,500 | Delhi rate, PTI |
| 6 Nov 2026 (Dhanteras) | About ₹1,85,000 | MCX futures, Free Press Journal |
Prices are also jumpy. One report had silver up ₹9,000 per kg in a single day on 4 November. Another had it ₹3,400 lower on Dhanteras. Spot, futures and city rates differ, so treat every figure as a snapshot, not a quote.
Silver has been unusually volatile in 2026. Sahi’s Dhanteras analysis, citing the World Bank, points to speculative demand and profit-taking behind the sharp swings.
What this means for wholesale buyers: wholesale silver is priced from the day’s silver rate, the purity of the piece and making charges. When the rate falls, the same budget buys more weight. Our guide on how wholesale silver jewellery is priced in India explains the formula step by step.
This is market information, not investment advice. Confirm the live rate on the day you order.
A quick worked example
Take 100 g of 925 sterling silver. It holds 92.5 g of pure silver. At the 5 November Delhi rate of ₹1,94,500 per kg (₹194.5 per gram), that is about ₹17,990 of metal value before making charges and GST. The same 100 g piece at 800 purity holds only 80 g of silver. This is why the purity stamp matters as much as the rate, and why two pieces of the same weight can carry very different prices.
This example is illustrative. It uses a single published rate and ignores making charges, wastage, GST and dealer margins, which vary by product and seller.
Diwali sale on wholesale silver at Hari Silvears
Whatever the size of your order, you get:
- No minimum order quantity: order exactly what your shop needs.
- Manufacturer-direct pricing: no trader in the middle.
- Hallmark-labelled, ready-to-retail packaging: products arrive ready for display.
- GST-compliant invoices on every wholesale order.
- Custom orders accepted and secure pan-India dispatch.
We are a manufacturer, not a reseller. Our in-house team in Madurai crafts jewellery, ornaments and gift articles, which is why we can customise designs and keep quality control under one roof.
What to stock or buy this Diwali: silver items that sell
Festive demand is not spread evenly. BIS hallmarking data reported by Business Today shows where traditional demand sits: silver diyas and lamps made up 7% of hallmarked weight, plates 7%, idols 4% and coins 4%. Jewellery demand leans towards lightweight, everyday pieces. Anklets dominate hallmarked silver volumes, mostly in 800 purity, according to a report in Open magazine.
Here is how to match stock to the buyer:
- Pooja articles and diyas: the core Diwali category for homes and temples. See our silver articles
- Idols: Lakshmi-Ganesh and deity idols for the puja thali. Browse silver Perumal and Venkateswara idols.
- Gift items: return gifts, corporate hampers and festival presents. Start with our silver gift items.
- Anklets and bracelets: high-volume, fast-moving pieces. See silver anklets and silver bracelets.
Chains, rings and earrings: lightweight daily-wear styles for younger buyers. See chains, rings and earrings.
How to choose a Diwali silver gift
Match the gift to the relationship. Coins and small idols suit neighbours, staff and business contacts because they are compact and easy to store. Pooja plates, bowls and diyas suit family and elders. Lightweight jewellery suits younger relatives. For corporate gifting, pick one design in bulk so every recipient gets the same quality, and ask for ready-to-gift packaging.
Five Diwali silver buying mistakes to avoid
- Skipping the hallmark. An unmarked piece is not automatically fake, but you cannot verify it either.
- Comparing only the rate. Making charges and purity change the real cost per piece.
- Mixing up 800 and 925. The 800 grade holds 80% silver. Sterling holds 92.5%.
- Buying without a bill. Without a bill stating weight and purity, you have no recourse.
- Ordering late. Festival demand can tighten supply, so wholesale buyers should reserve stock early.
How to check silver purity before you buy: 5 steps
Festival season brings under-purity silver into the market. A hallmark is your best defence. The Bureau of Indian Standards (BIS) introduced HUID-based hallmarking for silver on 1 September 2025 under the revised standard IS 2112:2025. It recognises seven purity grades: 800, 835, 925, 958, 970, 990 and 999.
Adoption is growing fast. BIS says over 77 lakh silver jewellery pieces and artefacts have received a HUID since September 2025, and the 925 and 800 grades make up nearly 95% of them.
- Find the BIS mark. It should appear with the word “SILVER”.
- Read the purity grade. 925 means 92.5% silver (sterling). 999 means 99.9% (fine silver).
- Spot the HUID. Look for the six-character alphanumeric code laser-marked on the piece.
- Verify it. Open the BIS Care app, choose Verify HUID and enter the code.
- Keep the bill. It should state net weight, purity and the rate used.
One caveat: silver hallmarking is still voluntary, so not every piece carries a mark. Ask any seller to explain an unmarked piece. Reports say BIS is preparing to make silver hallmarking mandatory, so confirm the current status on the BIS website. For a deeper walk-through, read our guides on purity of silver and silver hallmarking in India.
Why retailers trust Hari Silvears
Hari Silvears has manufactured silver in Madurai since 1963. Today we supply 500+ wholesale partners across 38 districts from a catalogue of 10,000+ designs. Buyers rate us “Excellent” on Google, based on 137 reviews shown on our site through Trustindex. Read the story behind the workshop in 60 years of Madurai silver craftsmanship or visit our About Us page.
FAQs: Diwali 2026 and silver
When is Diwali in 2026?
Diwali 2026 is on Sunday, 8 November, on Kartik Amavasya. The five-day festival runs from Dhanteras on Friday, 6 November to Bhai Dooj on Tuesday, 10 November.
When is Dhanteras 2026?
Dhanteras 2026 is on Friday, 6 November. It is the first day of Diwali and is considered the most auspicious day to buy silver, gold and metal utensils.
Is it good to buy silver on Diwali?
Yes. Tradition treats Dhanteras as the main day for buying silver, but families also buy silver idols, coins, diyas and gifts through the Diwali days. There is no rule against buying on Diwali itself. Buy by weight and check the hallmark.
What is the silver rate on Diwali 2026?
Around Dhanteras, silver traded between roughly ₹1.85 lakh and ₹1.95 lakh per kg, depending on whether you look at MCX futures or the Delhi spot rate. That is about 52% below the 29 January peak. Rates change daily, so confirm the live rate before you order.
How do I check if silver is pure?
Look for the BIS mark with the word SILVER, the purity grade (such as 925 or 999) and a six-character HUID code. Then enter the HUID in the BIS Care app under Verify HUID. Always ask for a bill that states weight and purity.
What is the Hari Silvears Diwali sale?
It is a festive offer on wholesale silver jewellery and articles for retailers, distributors, gift dealers and online sellers. Request a bulk quote or message us on WhatsApp for current terms and categories.
Is there a minimum order quantity at Hari Silvears?
No. We follow a flexible policy with no strict minimum order quantity, so a small retailer can order exactly what the shop needs. Volume-based pricing applies to larger orders.
Which silver items are best for Diwali gifting?
Silver coins, Lakshmi-Ganesh idols, diyas, pooja plates and small gift articles are the classics. For jewellery gifting, lightweight chains, bracelets, anklets and earrings suit most budgets.
Is there a minimum order quantity at Hari Silvears?
No. We follow a flexible policy with no strict minimum order quantity, so a small retailer can order exactly what the shop needs. Volume-based pricing applies to larger orders.
Why do people buy silver on Dhanteras?
Dhanteras honours Lakshmi, Kubera and Dhanvantari, and buying silver, gold or metal utensils that day is believed to invite prosperity. Silver is also affordable, which makes the tradition accessible to more families.
Is silver hallmarking mandatory in India?
No. Silver hallmarking has been voluntary since 2005. Since 1 September 2025, any silver article that is hallmarked must carry a HUID code under IS 2112:2025. Reports say BIS is preparing to make it mandatory, so check the BIS website for the latest status.
Does Hari Silvears supply outside Tamil Nadu?
Yes. Our primary network is in Tamil Nadu, and we supply retailers, distributors and resellers across India through trusted logistics partners. We issue GST-compliant invoices on wholesale orders.
What happens after Diwali 2026?
Demand does not stop on Bhai Dooj. Weddings are the next big silver driver, followed by Pongal in January. Buyers who plan stock now can avoid the last-minute rush and the rate swings that come with it. Once your Diwali stock is sold, our guide to silver jewellery care helps your customers stop tarnish and keep their pieces shining, which brings them back for the next season.
Final word: buy smart this Diwali 2026
Diwali 2026 arrives with silver far below its January peak and demand expected to grow in value. That is a rare mix. Check the hallmark, confirm the live rate and, if you are a retailer, reserve stock before the wedding season pulls demand forward.
Ready to stock up? Request a wholesale quote or message us on WhatsApp. We will share Diwali sale rates, designs and delivery timelines for your location.
