Silver Rate Latest Update: 21st April 2026
Silver prices fell over 1% on Tuesday, 21 April, as a stronger dollar weighed on sentiment, while investors remained cautious ahead of possible peace negotiations between the U.S. and Iran after fresh tensions over the weekend.
The price of Silver 999 Fine stood at ₹251,990 per kg in Mumbai on April 21.
According to Ponmudi R, CEO of Enrich Money, MCX Silver opened with a mild gap down and is currently hovering above ₹2,51,000, with safe-haven demand and strength in industrial metals offering only limited support amid elevated volatility, as geopolitical tensions continue to weigh on sentiment.
Ponmudi further noted that resistance is placed at ₹2,55,000– ₹2,60,000, with further upside toward ₹2,68,000– ₹2,70,000. A sustained move above these levels could strengthen momentum and support further gains. On the downside, a break below ₹2,48,000 may lead to a corrective move toward the ₹2,44,000– ₹2,40,000 range.
Silver Rate Latest Update: 7th April 2026
Silver futures remained flat on Tuesday ahead of a deadline set by U.S. President Donald Trump regarding the reopening of the Strait of Hormuz—an important geopolitical hotspot in the ongoing Iran conflict. A stronger dollar further weighed on prices, adding to the downward pressure.
The price of Silver 999 Fine stood at ₹233,960 per kg in Mumbai on April 7.
Market experts believe that the silver prices are likely to remain volatile through the rest of the year, with a modest upward bias as long as macro conditions stay supportive.
According to Ross Maxwell, Global Strategy Operations Lead, VT Markets, silver could see more mixed performance given its role as an industrial metal if high energy prices persist and have a negative impact on global growth.
Silver Rate Latest Update: 24th March 2026
Silver futures traded around 3% lower on Tuesday, following a recovery in crude oil prices and US Dollar.
The price of Silver 999 Fine stood at ₹224,510 per kg in Mumbai on March 24.
According to Ponmudi R, CEO of Enrich Money, MCX Silver is trading in the ₹2,15,000– ₹2,20,000 range after a sharp gap-down, reflecting continued selling pressure/
Ponmudi further noted that immediate resistance is seen at ₹2,24,000– ₹2,28,000. A move above ₹2,30,000 can trigger recovery toward ₹2,34,000– ₹2,38,000. On the downside, a break below ₹2,12,000– ₹2,14,000 can accelerate the fall toward ₹2,08,000– ₹2,10,000, and further toward ₹2,00,000– ₹2,05,000. The bias remains bearish.
Silver Rate Latest Update: 18th March 2026
Silver prices traded in a narrow range on Wednesday, March 18, as investors remained cautious ahead of the US Federal Reserve’s interest rate decision later in the day, amid rising inflation concerns driven by elevated oil prices due to the ongoing Middle East conflict.
The price of Silver 999 Fine stood at ₹254,150 per kg in Mumbai on March 18.
According to Ponmudi R, CEO of Enrich Money, MCX Silver futures are trading above ₹2,51,000. While the broader bullish structure remains intact, the recent corrective phase has weakened short-term momentum.
He further noted that key support is placed in the ₹2,47,000– ₹2,50,000 zone, and as long as prices hold above this region, the overall bullish structure remains intact. A sustained move above ₹2,61,000 could push prices toward ₹2,68,000– ₹2,76,000, while a decisive breakdown below support may accelerate downside pressure.
Silver Rate Latest Update: 9th March 2026
Silver prices fell over 1.4% on Monday, March 9, led by a stronger US dollar, which made dollar-denominated bullion costlier for investors holding other currencies.
The price of Silver 999 Fine stood at ₹264,480 per kg in Mumbai on March 9.
According to Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd. and Chairman at Jain International Trade Organisation, the white metal remain in a structurally strong uptrend, supported by geopolitical uncertainty, elevated global debt, and expectations of accommodative monetary policy.
Once Silver sustains above $90, it will be the path toward $100–105 levels. Its higher beta nature suggests it could outperform gold in this phase of the rally, Kothari noted.
Silver Rate Latest Update: 3rd March 2026
Silver prices jumped sharply on Monday, March 2, with rates rising by more than ₹12,000 per kilogram as commodity markets rallied amid heightened geopolitical tensions in the Middle East, particularly following military action involving the US and Israel against Iran, which drove safe-haven demand for precious metals.
The price of Silver 999 Fine stood at ₹ ₹2,93,320 per kg in Mumbai on March 2.
According to Ponmudi R, CEO of Enrich Money, the long-term bullish framework remains firmly intact, supported by favorable global cues amid heightened geopolitical tensions. Prices continue to extend their upward rally, with short-term momentum strengthening significantly and turning decisively positive. A sustained hold above this region could trigger recovery toward 3,20,000–3,30,000, Ponmudi noted.
Silver Rate Latest Update: 24th February 2026
Silver prices remained flat on Tuesday, February 24, as a rise in the US dollar and subdued spot demand led investors to book some profits on the Multi Commodity Exchange of India (MCX). However, uncertainties surrounding tariffs in the United States and geopolitical tensions between the US and Iran helped cap the downside in precious metals. The price of Silver 999 Fine stood at
₹266,930 per kg in Mumbai on February 24, 2026.
According to Renisha Chainani, Head, Research at Augmont, silver has achieved the target of
₹2,60,000. Prices are now gradually approaching the next resistance level of
₹270,000 and
₹2,80,000.
Silver Rate Latest Update: 18th February 2026
Silver prices climbed almost 3% on Wednesday, February 18, supported by thin trading volumes as several major Asian markets stayed shut for the Lunar New Year holidays. However, gains in precious metals were capped by a stronger US dollar and signs of progress in negotiations between the United States and Iran.
The price of Silver 999 Fine stood at ₹237,070 per kg in Mumbai on February 18, 2026.
According to Renisha Chainani, Head, Research at Augmont, silver prices are expected to trade weak and consolidate in the $70–$90 range ( ₹225,000 – ₹285,000). Chainani further suggested traders should follow a buy-on-dips, sell-on-rallies strategy. A breakdown below $70 may trigger further downside toward $64 ( ₹200,000).
Silver Rate Latest Update: 17th February 2026
Silver prices continued their downward rally, falling over 3% on Tuesday, led by thin trading in Asian markets due to the Lunar New Year holidays. The price of Silver 999 Fine stood at ₹234,300 per kg in Mumbai on February 17, 2026.
According to Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures, silver is continuing its correction trend in the current market after a strong rally in the previous weeks.
The sharp correction is due to the higher volatility of silver prices and their sensitivity to changes in industrial sentiments. However, the prices are still higher than last week’s levels, showing that the overall trend is still intact, Kamboj said.
Silver Rate Latest Update: 16th February 2026
Silver prices declined nearly 2% on Monday, February 16, tracking weak global trends and subdued demand in the domestic spot markets. The price of Silver 999 Fine stood at ₹240,770 per kg in Mumbai on February 16, 2026.
According to Ponmudi R, CEO of Enrich Money, the long-term bullish structure remains intact, the steep pullback has pushed prices below major moving averages, indicating short-term bearish pressure and an ongoing corrective phase.
Ponmudi further said that strong buying interest is evident in the ₹2,25,000– ₹2,60,000 support band, aligned with prior swing lows and longer-term structural support. A sustained hold above this base, followed by a decisive recovery, could revive upward momentum toward ₹3,00,000– ₹3,25,000.
