Silver Crashes Near Rs 16,000 on Navratri Day 1. Photo: Canva
Silver Price Today: Gold and silver prices declined in Thursday’s trading session after the US Federal Reserve announced its policy decision overnight.
Meanwhile, elevated crude oil prices amid the ongoing US-Iran conflict kept bullion in focus. On MCX, the gold price for the April delivery depreciated by Rs 3,616 or 2.36 percent, to Rs 1,49,409 per 10 gram.
Meanwhile, Silver declined 4.53 percent to Rs 2,36,960 kg, noting pressure due to stronger US producer inflation and a firm dollar outweighing safe-haven demand from Middle East tensions. These have now entered their third week, with continued US-Israeli strikes on Iran and retaliatory actions from Tehran showing no signs of easing.
After opening lower on Thursday, MCX silver prices plunged further, hitting a fresh intraday low of Rs 2,29,234 per kg. However, the metal later recovered some of its losses and is currently trading around Rs 2,32,000 per kg, still nearly Rs 16,000 below its previous close of Rs 2,48,194.
|
City |
10 Gram |
100 Gram |
1 Kg |
|
Chennai |
₹2,650 |
₹26,500 |
₹2,65,000 |
|
Mumbai |
₹2,600 |
₹26,000 |
₹2,60,000 |
|
Delhi |
₹2,600 |
₹26,000 |
₹2,60,000 |
|
Kolkata |
₹2,600 |
₹26,000 |
₹2,60,000 |
|
Bangalore |
₹2,600 |
₹26,000 |
₹2,60,000 |
|
Hyderabad |
₹2,650 |
₹26,500 |
₹2,65,000 |
|
Kerala |
₹2,650 |
₹26,500 |
₹2,65,000 |
|
Pune |
₹2,600 |
₹26,000 |
₹2,60,000 |
|
Vadodara |
₹2,600 |
₹26,000 |
₹2,60,000 |
|
Ahmedabad |
₹2,600 |
₹26,000 |
₹2,60,000 |
Gold prices dropped to a more than one-month low on Thursday, pressured by a stronger US dollar and a hawkish stance from the Federal Reserve, which reduced expectations of near-term interest rate cuts.
Spot gold fell 1.1% to $4,764.27 per ounce as of 0649 GMT, its lowest since February 6.
24 carat gold rate in India plunged by Rs 2,780 in 10 grams to Rs 1,54,640 and dropped by a whopping Rs 27,800 to Rs 15,46,400 in 100 grams.
Manisha Chauhan is a passionate journalist with 3 years of experience in the media industry, covering everything from trending entertainment buzz and celebrity spotlights to thought-provoking book reviews and practical health tips. Known for blending fresh perspectives with reader-friendly writing, she creates content that informs, entertains, and inspires. When she’s not chasing the next viral story, you’ll find her diving into a good book or exploring new wellness trends.
Watch the viral video as Hardik Pandya’s new Rs 8.5 Crore Ferrari 12Cilindri receives a…
Important Conference on Rights and Social Security of Unorganised Workers Held in Bishnupur
New Delhi [India], March 17: With the aim of raising awareness about the rights, dignity…
IPL 2026: Riyan Parag on Sanju Samson’s Absence — ‘Like Virat Kohli, He Can’t Be Replaced’
Riyan Parag emphasised that while Samson is "irreplaceable," the team has addressed last season's shortcomings…
