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Is Today a Good Day to Buy Silver? Experts Weigh in on the Price Drop

Why Did Silver Prices Fall Today?

The stir in the bullion market today is the fall in the price of silver because there has been a huge fall in silver today. Why has there been a sharp fall in the price of silver today, the answer to this is that the price of silver is falling in the international market and its effect is on the rate of silver.

How was the condition of silver in the morning?

Why Did Silver Prices Fall Today?

If we look at the price of gold and silver in today’s commodity market, then a big fall of Rs 1077 is being seen in silver and it has come down to the rate of Rs 91,280 per kg. If we look at the upper rate in it today, it has reached the price of Rs 92,223 per kg, while on the lower side it is trading at the price of Rs 91,264 per kg. If we look at today’s fall in silver, it has fallen by 1.17 percent. In this way, silver has slipped below Rs 92 thousand.

There is not much fluctuation in the price of gold today

The rate of gold today remains at Rs 75871 per 10 grams and it is getting a cheaper price of Rs 174. If we look at the upper side rates of gold, then the price of Rs 75,920 per 10 grams is being seen.

Gold rose in the international market but silver prices fell

Why Did Silver Prices Fall Today?

If we look at the price of gold and silver in the international market today, there is also a significant decline in silver and it has fallen by more than one percent. Silver is seeing a rate of $ 31.672 per ounce and due to this, the rate of shiny metal silver is also seeing a decline in the domestic market. It can be said that the effect of the trends of the international market is being seen on the domestic market.

What is the price of silver in your city

  • Silver is being sold at Rs 96,000 per kg in Delhi today.
  • Silver rates in Mumbai are also at Rs 96,000 per kg today.
  • Today the price of silver in Chennai is Rs 1,02,000 per kg.
  • Today in Kolkata silver is Rs 96000 per kg.

Did you get a chance to buy today?

Commodity market experts say that the fall in the price of the shiny metal silver today can become a good buying opportunity for commodity traders. Traders are looking for such an opportunity to buy, which can prove to be a good trade for the long term, so today can also be seen and some shopping can be done.

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