Silver rate today LIVE: COMEX silver nosedives 9%, will MCX silver follow suit? Here's how to trade?

Speaking on the outlook of MCX silver price, Anuj Gupta of Ya Wealth said, “If the bears manage to push MCX silver rates below ₹2,30,000 per kg levels, then chances are high that MCX silver price may try to test the ₹2,22,000 to ₹2,20,000 band.”

“MCX silver price is taking cues from the COMEX silver movement. In the early morning dealings, we saw the white metal opening with a big gap down. Now, when the COMEX silver price has fallen further, we might see a final blow from the bears to break the MCX silver price support placed at the ₹2,32,000 to ₹2,30,000 band,” said Anuj Gupta of Ya Wealth.

“The white metal rally has not vanished; it has migrated from paper traders who rarely take delivery to industrial users who must secure supply to keep production lines running, to long-term investors and private vaults across Asia, London, and Singapore, away from exchange warehouses and outside the banking system,” said Sugandha Sachdeva, Founder of SS WealthStreet.

“As I mentioned earlier, the COMEX silver price has a crucial support level at $70 per ounce. If this support is breached, the precious white metal may try to test $68 and $65 levels in the near term,” said Anuj Gupta, adding, “One should maintain a strict stop loss and avoid any selling position until the COMEX silver price is above $70. One should take a short position only when the white metal sustains below the current intraday low for at least 30-minutes to an hour.”

Bears continue to dominate the silver price movement on Wednesday. COMEX silver price has inched close to $71 per ounce after hitting an intraday low of $70.315.

After slipping over ₹18,000 per kg during the Opening Bell, the MCX silver rate is still around the Intraday lows. The white metal is currently quoting ₹2,35,250 per kg, around ₹15,750 below the previous close.

Kiyosaki’s cautionary note did not dilute his conviction. In another post the same day, he reacted to silver breaking past $80 with a succinct, provocative question: “SILVER BREAKS $80.00. $200 NEXT?” The message underscored the wariness of short-term froth, yet his bullishness on the metal’s longer-term trajectory.

“US Fed's minutes, released on Tuesday, lowered the possibility of an aggressive rate cut in 2026. This is expected to put a cap on the precious metals rally in 2026,” said Anuj Guipta of Ya Wealth.

Despite flagging near-term risks, he did not retreat from his broader thesis. Kiyosaki said he believes silver could still cross $100 in 2026 and “possibly $200 an ounce,” arguing that patience, not panic, is essential for smart investors.

“If you are planning on investing in silver be patient. Wait for a crash then GO or NO,” he said, underlining a core lesson from his Rich Dad philosophy. One of the most widely shared lines from his post reinforced this principle: “Your profit is made when you buy… NOT when you sell.” According to Kiyosaki, disciplined entry points — not emotional exits — determine long-term wealth creation.

Silver’s sharp rally has split market opinion — with some seeing speculative excess and others arguing the metal is entering a long-term structural uptrend driven by supply constraints and rising industrial demand.

“I love silver… I bought my first silver in 1965,” he wrote, adding that the current surge has the hallmarks of “FOMO Fear of Missing Out MANIA.” Robert Kiyosaki warned that such phases often precede sharp corrections, urging investors to stay patient rather than rush in at elevated levels.

In a post on X dated December 29, Robert Kiyosaki posed a blunt question that immediately caught investor attention: “SILVER BUBBLE ABOUT to BURST?” While reiterating his long-standing affection for the metal, he cautioned investors against chasing prices blindly amid fear of missing out.'

From an investment perspective, MOSL said it continues to maintain a buy-on-dips approach with a staggered investment strategy. While its initial target of $75 on COMEX has already been achieved, the brokerage reiterated its next target of $77 on COMEX, equivalent to around ₹2,46,000 in the domestic market. Any further revisions to this outlook, the report noted, will depend on how supply dynamics, inventory trends and policy developments evolve over time.

“Silver’s 2025 rally is being shaped by real metal scarcity rather than speculative positioning. Physical deficits, policy-driven supply restrictions, and concentrated inventories are increasingly dictating prices, signalling a durable shift in how the silver market is priced and traded,” Navneet Damani and Manav Modi, Commodities Analyst at MOSL noted.

Adding to market anxiety, proposed export licensing requirements effective January 1, 2026 are expected to tighten control over outbound silver flows, restricting the availability of physical metal in global markets at a time when other major inventory hubs are already under strain.

As silver prices continue to trade past $70 and briefly surged beyond $80 an ounce, the bestselling author of Rich Dad Poor Dad Robert Kiyosaki reiterated his belief that the white metal could eventually surge to $200 — an ounce by 2026.

“As one of the largest refiners and net importers of silver, China witnessed steady drawdowns in physical inventories through 2025, pushing stock levels to decade low,” MOSL believes.

“Adding to the demand outlook is a structurally positive regulatory shift in India. India’s pension regulator has, for the first time, permitted investments in gold and silver ETFs, where National Pension System funds may allocate up to 1% of total assets. This move could translate into nearly USD 1.7 billion of incremental demand for precious metals over time, strengthening gold’s role as a core portfolio asset,” said Sugandha Sachdeva.

Explaining this shift, Navneet Damani, Head of Research – Commodities at MOSL, said, “The silver market in 2025 has moved beyond a conventional bull cycle and entered a structural phase, driven by prolonged physical supply deficits, inventory depletion, and policy-led supply constraints. The widening disconnect between paper pricing and physical availability highlights deeper stress in global price discovery mechanisms.”

According to a report by Motilal Oswal Financial Services Ltd. (MOSL), this sharp move was not driven by short-term speculation or frothy positioning, but by deep structural shifts unfolding across the global silver market. MOSL is of the view that the rally is structurally driven rather than cyclical in nature.

After inching close to ₹2,32,000 per kg, MCX silver bounced back. The white metal was quoting around ₹2,38,000 at 9:45 AM.

After a big gap-down opening, MCX silver rates further nosedived and touched an intraday low of ₹2,32,228 per kg, logging over ₹15,500 per kg intraday loss on Wednesday morning deals.

COMEX silver continues to remain under the bear's grip as it further weakend after the Opening Bell. COMEX silver slipped below $72 and touoched a new intraday low of $71.970, logging over 7% dip against the Tuesday's close.

“Immediate support for MCX silver rates is placed at ₹2,32,000 to ₹2,30,000 kg, whereas the white metal would face resistance at ₹2,51,000 on the upper side. In the international market, COMEX silver has crucial support placed at $72 to $70 band. On breaking below $70 would mean more selling in the near term. On the upper side, $75.50 and $78 is expected to work as two major hurdles,” said Anuj Gupta of Ya Wealth.

As expected, MCX silver rates had a big gap-down opening on Wednesday. Silver rates today opened downside at ₹2,41,400 per kg and touched an intraday low of ₹2,35,952, logging an intraday loss of around ₹15,000 against the previous day's close of ₹2,51,012 per kg.

"After the financial bloodbath on Monday, COMEX silver has crashed over 7%, which signals a big gap-down opening for the precious white metal on the MCX," said Anuj Gupta.

“The COMEX silver price has crashed over 6% in the early morning trade. So, chances are high that MCX silver rates may have a gap-down opening. However, the loss may further deepen and the white metal may hit lower circuit as well,” said Anuj Gupta of Ya Wealth.

Bears have outperformed bulls in the international market as COMEX silver is quoting around $73 per ounce, logging over 6% intraday loss. It is now trading close to its cricual support placed at $72 per ouonce levels.

“MCX silver rate today has crucial support placed at ₹2,20,000 per kg. However, immediate support is placed at ₹2,32,000 levels. This support is expected to remain under the bears target, however, a breakdown below this immediate support is expected to open an opportunity for bulls at around ₹2,25,000 to ₹2,22,000 band,” said Sugandha Sachdeva of SS WealthStreet.

Bears have outperformed bulls in the international market as COMEX silver has slipped below $74 per ounce, logging over 5% intraday loss.

“Silver price rally in 2025 is not a trade. It is a structural repricing driven by scarcity, necessity, and monetary reality,” said Sugandha Sachdeva of SS WealthStreet.

“When Western markets went offline, the physical market spoke clearly, silver is scarce, inventories are depleted, and buyers are willing to pay a substantial premium for immediate delivery,” said Sugandha Sachdeva, Founder of SS WealthStreet.

Bears have outperformed bulls in the international market as COMEX silver has slipped below $75 per ounce, logging over 4% intraday loss.

“The result was a striking divergence: physical silver in Shanghai surged close to USD 82, while COMEX prices were trading significantly lower. It highlights a growing disconnect between paper-based price discovery and the real conditions of physical supply and demand,” said Sugandha Sachdeva of SS WealthStreet.

“Taking cue from the international market, MCX gold rates may have a gap-down opening . However, the volatility may have an opportunity for both bulls and bears. One should maintain strict stop loss and wait for the targets at higher levels,” said Anuj Gupta of Ya Wealth.

“We may see a gap-down opening in MCX silver. So, it is important for the domestic investors to know the important levels. MCX silver rate today has immediate support placed at ₹2,32,000 per kg, whereas it has crucial support placed at ₹2,20,000 to ₹2,18,000 per kg mark. On the upper side, MCX silver is facing hurdle at ₹2,55,000,” said Anuj Gupta of Ya Wealth.

“The rally is being led not by paper futures markets, but by real-world demand for deliverable metal, with Asia, particularly China at the epicentre.During the Christmas holiday period, when Western benchmark markets such as COMEX and LBMA were closed, silver prices continued to trade actively in Asia,” said Sugandha Sachdeva of SS WealthStreet.

“The recent surge in silver prices marks a structural inflection point, not a speculative spike. What we are witnessing is a global repricing of silver driven by physical scarcity, accelerating industrial demand, monetary dilution, and a decisive eastward shift in price discovery,” said Sugandha Sachdeva, Founder of SS WealthStreet.

“Silver futures in the international market is currently trading in a tight $74.50 to $78 range. The broader range of COMEX silver is $72 to $80. The white metal is expected to trade volatile this week and investors are advised to know their levels and maintain strict stop loss while keeping any position,” said Anuj Gupta, Director at Ya Wealth.

Spot silver is also trading red in early morning deals on Wednesday. Spot silver price today opened downside and touched an intraday low of $74.265 per troy ounce, Currently, spot silver is quoting a little above $75 per troy once, logging more than 1.50% intraday loss against the Tuesday's close.

In the early morning session on Wednesday, the COMEX silver price today opened downside and made an intraday low of $74.170 per ounce. Currently, the COMEX silver price is quoting around $75 per ounce, losing over 3% against Tuesday's close.

Silver prices hit a new record high of ₹2.42 lakh per kg in the national capital on Tuesday, according to data from India bullions.

In the international markets, spot silver was trading higher by $3.72, or 5.15%, to $75.85 per ounce, PTI reported.

Silver March futures rose by over 7% during evening session on Tuesday, December 30, after witnessing a bloodbath yesterday.

According to MCX, the current price of the white metal is ₹2,41,414 per kg as of 8:00 pm.

The rally in silver can be attributed to multiple factors, including:

— Speculative activity has intensified, with a sharp rise in call options, both on silver futures and related ETFs.

— Supply-side distortions have added to the volatility. Much of the world’s available silver still remains in New York warehouses due to tariff-related trades, while uncertainty over a US Section 232 probe into critical minerals has kept markets on the edge. This previously triggered a squeeze in London, where borrowing costs remain elevated, fueling frequent price spikes.

— Silver has also been catching up with gold's earlier rally, driven by a weaker dollar and global trade tensions. After the gold-to-silver ratio stretched above 100 to 1 earlier this year, it has since narrowed sharply as investors realised its time to buy the white metal.

(inputs taken from Bloomberg News)

MCX silver remains top gainer in the evening session as prices surge over 5.4% today.

Gold and Silver surged over the past year on the back of a powerful mix of macro stress, structural demand, monetary policy changes, and overall unrest. Meanwhile, silver, along with safe haven buying was also supported by industrial demand and physical tightness. We continue to believe these factors along with change in BOJ’s policy, change in Fed governor and ripple effect of tariff’s could be possible themes impacting bullion in 2026. ETF inflows could remain influential, while speculative positioning and macro drivers such as currency dynamics, and global growth prospects will dictate shorter‑term trends.

— Ajay Menon, MD & CEO, Motilal Oswal Financial Services

The best way to buy physical silver is via coins and bars. Some people also purchase silver jewellery but that has higher costs like making charges involved and is not preffered for investment purposes.

You can also trade silver online via MCX or ETFs.

Axis Securities, in its weekly report, recommended buying MCX Silver around ₹2,30,000, with a stop-loss below ₹2,22,000 and targets of ₹2,50,000 and ₹2,55,000.