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silver price

There was a rise in the prices of silver for the last two days, but today as soon as the commodity market opened, there was a sharp decline in the prices of silver. The price of silver in the futures market fell by 6 percent in one stroke. After two days of rise, silver became cheaper today.

On Thursday, February 5, silver prices fell due to profit booking, erasing the gains of the last two trading sessions. Due to increasing geopolitical tension between America and Iran, silver prices were increasing for the last 2 sessions. Gold prices also declined in today's trading.

On MCX, silver prices fell by 6% to Rs 2,52,719 per kg, while gold fell by about 2% to Rs 1,48,455 per 10 grams. At the same time, the price of silver on COMEX fell by 10% to $73.415, while the price of gold on COMEX fell by 1.5% to $4,805.

silver in international market

However, in international markets, spot silver rose 2.1% to $89.88 an ounce, having reached its all-time high of $121.64 last week. Spot gold rose 1.1% to $5,016.89 an ounce, from a record high of $5,594.82 hit last Thursday. US gold futures for April delivery also rose 1.8% to $5,036.80 an ounce. Among other metals, spot platinum rose 2.1% to $2,272.55 an ounce, having reached its highest level of $2,918.80 on January 26, while palladium rose 0.7% to $1,787.55 an ounce.

What is the price of gold?

Just as the prices of silver are falling in the country, similarly the prices of gold have also come down today. Till the time of writing this news, the price of gold contract expiring on MCX on April 2, 2026 has decreased. Gold has decreased by about 0.76 percent i.e. about Rs 1156 per 10 grams.