Silver Price Today: Impact of Iran dispute! Tremendous rise in silver prices, know the price in your city

Silver Price Today: As hostilities escalated in West Asia following the joint attacks by the US and Israel on Iran, investors quickly poured money into bullion. Due to low risk appetite, funds were diverted from equities and other volatile assets and invested in traditional hedges like gold and silver in the international market. This change is clearly visible in domestic and international prices. According to the website of Multi Commodity Exchange, an increase of 2.99% was recorded in silver at 9:10 am on Monday. Let us know what the price of silver is going to be in your city today.

Know today’s silver price

• Silver rate (per kg)
• Mumbai: Rs 2,81,630
• Delhi: Rs 2,81,140
• Bengaluru: Rs 2,81,850
• Chennai: Rs 2,82,450
• Hyderabad: Rs 2,82,080
• Kolkata: Rs 2,81,260

Bullion prices also increased abroad

Spot gold rose as much as 2 percent in early trading on Monday, reaching $5,368.09 an ounce at 0010 GMT. This is the highest level in more than four weeks. US gold futures rose 2.58% to $5,382.60 an ounce. Silver followed suit, with spot prices rising 1.68% to $95.35 an ounce. Military surges, uncertainty over the durability of diplomatic channels, and potential supply disruptions have further strengthened bullion’s appeal as a defensive allocation. For now, traders are bracing for further volatility due to events in the Gulf.

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