Silver Prices: Along with gold, silver prices are also experiencing a steady rise. Gold and silver rates are steadily rising. After repeatedly hitting new highs, silver prices are now experiencing a sharp decline. Silver futures on the Multi Commodity Exchange fell by nearly 10% on Friday, October 17th. Meanwhile, silver prices in the international market have fallen by 6%, dropping below their all-time high of $54 per ounce.
Investors began booking profits in silver after trade tensions between the US and China eased. US President Donald Trump acknowledged that the 100% additional tariffs imposed on China are “not long-term.”
Silver Price
Silver prices on MCX fell to ₹1,53,700 per kg, a decline of nearly 10%. However, they later recovered slightly and closed at ₹1,57,300 per kg. Silver prices in global markets fell from $54 per ounce to $51.5 per ounce.
Silver Price
The price of silver in India today reached ₹171,900 per kg. Meanwhile, the price of silver in Chennai, which had reached ₹200,000 per kg, fell to ₹189,900 per kg today.
Silver Price in Chennai
10 grams – Rs 1,899
100 grams – Rs 18,990
1 kg – Rs 1,89,900
Silver Price in Mumbai
10 grams – Rs 1,719
100 grams – Rs 17,190
1 kg – Rs 1,71,900
Silver Price in Delhi
10 grams – Rs 1,719
100 grams – Rs 17,190
1 kg – Rs 1,71,900
Silver Price in Kolkata
10 grams – Rs 1,719
100 grams – Rs 17,190
1 kg – Rs 1,71,900
Silver Price in Bangalore
10 grams – Rs 1,719
100 grams – Rs 17,190
1 kg – ₹1,71,900
Silver Price in Patna
10 grams – ₹1,719
100 grams – ₹17,190
1 kg – ₹1,71,900