Silver Price Crash – Silver falls by ₹8,683 on MCX, Check latest 1 kg rate

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Gold-Silver Prices Today: Prices of gold and silver have declined. On Saturday, March 14 (Friday in the US), gold prices on COMEX fell by over $102. The price of gold was recorded at $5,023 per ounce. Meanwhile, silver prices declined by 5.25 per cent, trading at ₹80.64 per ounce. On Friday, gold and silver prices declined on the MCX. The price of 10 grams of gold closed at ₹158,400—becoming cheaper by approximately ₹100—while silver was recorded at ₹259,279 after falling by ₹8,683. Gold is currently ₹34,600 cheaper than its all-time record high, and silver is down by ₹1.60 lakh.

IBJA Gold Rates
According to data from the India Bullion and Jewellers Association (IBJA), 24-carat gold closed at ₹158,399 per 10 grams on Friday evening. This compares to its price of ₹160,303 on the preceding Thursday. In a single day, the price of gold fell by ₹1,904. The price of 22-carat gold closed at ₹145,093 per 10 grams, while the price of 18-carat gold was recorded at ₹118,799 per 10 grams.

Throughout the week, silver prices have appeared to trend downward in both India and globally. MCX gold closed below the ₹1.60 lakh mark, and MCX silver witnessed a decline of 1%.

Silver Prices in Chennai
Price per 10 grams of silver – 2,800
Rate per 100 grams of silver – 28,000
Price per 1 kg of silver – 280,000

Silver Prices in Mumbai
Price per 10 grams of silver – 2,750
Rate per 100 grams of silver – 27,500
Price per 1 kg of silver – 275,000

Silver Prices in Delhi
Price per 10 grams of silver – 2,750
Rate per 100 grams of silver – 27,500
Price per 1 kg of silver – 275,000

Silver Prices in Kolkata
Price per 10 grams of silver – 2,750
Rate per 100 grams of silver – 27,500
Price per 1 kg of silver – 275,000

Silver Prices in Bangalore
Price per 10 grams of silver – 2,750
Rate per 100 grams of silver – 27,500
Price per 1 kg of silver – 275,000

Silver Prices in Hyderabad
Price per 10 grams of silver – 2,800
Rate per 100 grams of silver – 28,000
Price per 1 kg of silver – 280,000

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Priyanka Singh

Priyanka Singh is an experienced journalist and Chief Copy Editor at Timesbull.com with more than six years of experience in digital media. She currently leads the Entertainment, Business, and Education…