New Delhi: Across the country,the festival of Mahavir Jayanti is being celebrated today—Tuesday—with great pomp and enthusiasm. A palpable sense of excitement prevails among followers of the Jain faith regarding Mahavir Jayanti. On the other hand,the price of silver has witnessed significant volatility over the past few days.
In the Indian bullion market,the price of 999-purity silver was recorded at ₹244,900 per kilogram on Tuesday. In Delhi,as well as in several other states,the price of silver is being recorded at this same level of ₹244,900 per kilogram. Additionally,in the southern Indian states,the price of one kilogram of silver appears to be trending at ₹255,100
.
Surge in the Global Market
A rise in silver rates has been observed in the global market in recent days. On COMEX,gold rose by approximately 1.36% to be recorded at $4,587 per ounce. Silver witnessed an even sharper surge,rising by over 3% to trade in the range of $72–$73 per ounce. However,the full impact of this global trend has not yet been reflected in the domestic market—specifically,the MCX.
Meanwhile,the full effect of these global developments has not yet manifested in the domestic market (MCX). In the previous trading session on Monday,gold closed with a slight decline at approximately ₹147,450 per 10 grams. Conversely,silver appears to be trending with a marginal gain at around ₹229,033 per kilogram.
Check the Latest Gold Rates in These Major Cities
In the national capital,New Delhi,999-purity silver is selling at ₹244,900 per kilogram on Tuesday. Furthermore,in Mumbai,999-purity silver appears to be trending at ₹244,900 per kilogram. In Ahmedabad,the price of 999-purity silver is being recorded at ₹244,900 per 10 grams. In Chennai,the price of 999-purity silver stood at ₹2,55,100 per kilogram. In Kolkata,silver was priced at ₹2,44,900 per kilogram. In Hyderabad as well,the price of 999-purity silver stood at ₹2,55,100 per kilogram. In Jaipur,999-purity silver was priced at ₹2,44,900 per kilogram.
In Bhopal,the rate for 999-purity silver stood at ₹2,44,900 per kilogram. In Lucknow,the price of 999-purity silver stood at ₹2,44,900 per kilogram. In Chandigarh,the rate for 999-purity silver stood at ₹2,44,900 per kilogram.
