Silver rate today (17th June 2024): Latest Prices in Top Indian Cities

On Monday, silver rates saw a subtle decline across India. In Delhi, 1kg of silver would cost you₹ 90900 today. Meanwhile, on the MCX, silver contracts for June delivery traded lower ₹100 settling at₹ 90,900 per 10 grams.

Here is an extensive daily list to give you the most recent information on silver prices in India's key cities.

City	10g	1k
Delhi	₹ 909	₹ 95500
Mumbai	₹ 909	₹ 90900
Kolkata	₹ 909	₹ 90900
Chennai	₹ 955	₹ 95500
Bengaluru	₹ 911	₹ 91100
Hyderabad	₹ 955	₹ 95500
Ahmedabad	₹ 909	₹ 90900
Pune	₹ 909	₹ 90900
Surat	₹ 909	₹ 90900
Nagpur	₹ 909	₹ 90900
Kerala	₹ 955	₹ 95500
Vijayawada	₹ 955	₹ 95500

Click to view the details of the silver rate for last Friday

The COMEX silver price recently closed at $29.270, reflecting a decrease of $0.202 or 0.69% from the previous trading session. Throughout the day, silver prices fluctuated, reaching a high of $29.650 and a low of $29.245. The market opened at $29.640. This decline suggests a slight downward trend for silver, influenced by various factors such as global economic conditions, investor sentiment, and currency fluctuations. These dynamics play a significant role in the daily movements of silver prices on the COMEX, a key market for trading precious metals.

Silver prices fluctuate daily due to various short- and long-term factors, including changes in supply and demand, economic indicators, geopolitical events, currency movements, and investor sentiment. Given the dynamic nature of the precious metals market, it is crucial for investors and traders to monitor and analyze pricing data effectively to make informed decisions.

These data points provide valuable insights into market trends and the factors driving price movements, aiding investors in navigating the silver market. However, investors should conduct their own research before making any investment decisions.

As the trading day progresses, it is essential for investors to stay vigilant and closely monitor silver rates for emerging trends or market developments. Staying informed about daily price fluctuations allows investors to spot potential trading opportunities and make well-considered investment choices.

For daily updates and in-depth analysis of silver rates, continue following our coverage on Business Insider India.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. Rates are subject to change from time to time and across multiple geographical locations. We recommend readers consult certified, qualified and registered advisors for professional and personalised financial advice.