Silver: Prices fall further upon market opening, dropping below ₹1.78 lakh; check the latest rates in your city..
Silver Price Today: Silver prices continue to decline. On November 4, silver futures in India saw a drop of nearly 1%. In the previous trading session, silver had closed at ₹1,79,698 per kilogram. According to bullion market data, the price of silver stood at ₹1,80,480 per kilogram, while in the international market, it reached $49.48 per ounce.
In the Delhi bullion market, the price of silver fell to ₹1,84,000 per kilogram (inclusive of all taxes). Meanwhile, according to Goodreturns, the price of silver is at ₹2,00,000 per kilogram.
Silver prices on November 4:
City Price of one kilogram of silver (₹)
Delhi 2,00,000
Mumbai 2,00,000
Ahmedabad 2,00,000
Chennai 2,00,000
Kolkata 2,00,000
Hyderabad 2,00,000
Jaipur 2,00,000
Bhopal 2,00,000
Lucknow 2,00,000
Thiruvananthapuram 2,00,000
Silver futures performance on the previous day:
Amidst investor caution ahead of the US midterm election results, the price of silver in futures trading dropped by more than 3% on Tuesday, falling to ₹1.77 lakh per kilogram. On the Multi Commodity Exchange (MCX), the contract for December delivery fell by ₹6,168—a decline of 3.36%—to settle at ₹1,77,611 per kilogram.
In the global market, the COMEX silver futures price for the December contract fell below the $50 per ounce mark. It saw a decline of $1.82—or 3.58 percent—settling at $49.07 per ounce.
What are the prices in the international market?
In the international market—specifically on COMEX—gold prices have risen, while silver prices have seen another decline. Gold on COMEX climbed by 0.26%, trading at $3,950.50 per ounce. Meanwhile, the price of silver on COMEX fell by 0.80%, with the metal trading at $49.355 per ounce.
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