Silver Price Today in India: Chandi Rate India, Today’s Silver Rate 1gm, 10gm, 100gm in Delhi, Mumbai, Ahmedabad, Hyderabad, Bengaluru, Pune – Silver News

Manav Modi, Commodities Analyst, Motilal Oswal said, “Despite ongoing geopolitical tensions, bullion remained under pressure as markets focused on the likelihood of higher-for-longer interest rates amid persistent inflation risks. U.S.-Israel conflict with Iran showed no signs of easing, following reports of an Israeli strike that killed senior Iranian official Ali Larijani and a subsequent attack on the world’s largest natural gas field shared by Iran and Qatar, keeping oil prices elevated above $100 per barrel. Disruptions in the Strait of Hormuz, a key global oil transit route, have pushed crude prices near four-year highs, intensifying concerns over energy-driven inflation.”

The Federal Reserve’s updated projections indicated a higher outlook for core PCE inflation this year, with Chair Jerome Powell acknowledging that rising oil prices will contribute to inflationary pressures while emphasizing that the economic implications of the conflict remain uncertain, he added.

Manav Modi, Commodities Analyst, Motilal Oswal said, “Despite ongoing geopolitical tensions, bullion remained under pressure as markets focused on the likelihood of higher-for-longer interest rates amid persistent inflation risks. U.S.-Israel conflict with Iran showed no signs of easing, following reports of an Israeli strike that killed senior Iranian official Ali Larijani and a subsequent attack on the world’s largest natural gas field shared by Iran and Qatar, keeping oil prices elevated above $100 per barrel. Disruptions in the Strait of Hormuz, a key global oil transit route, have pushed crude prices near four-year highs, intensifying concerns over energy-driven inflation.”

The Federal Reserve’s updated projections indicated a higher outlook for core PCE inflation this year, with Chair Jerome Powell acknowledging that rising oil prices will contribute to inflationary pressures while emphasizing that the economic implications of the conflict remain uncertain, he added.

Another key commodity market commentator, Karel Mercx pointed out that $70/bbl is a key support levels, “Silver has built strong support at $70 in recent months. There was one washout to $63, but it still closed back above $70. Even after the brutal sell-off in recent days, a few million more ounces left COMEX yesterday. $70 has to hold. If ETFs dump hard, we have a problem.

https://twitter.com/KarelMercx/status/2034599101841428955?s=20

Jateen Trivedi of LKP Securities has said that gold has come under sharp pressure, falling over $100 in a session and nearly $300 in two days, amid a stronger dollar, rising bond yields, and the US Fed’s “higher-for-longer” rate stance. Inflation concerns driven by rising crude prices and Iran-related tensions are limiting safe-haven appeal. Gold has slipped to near one-month lows around $4,700. On MCX, resistance is seen near Rs 1,50,000, while support lies in the Rs 1,44,000–1,42,000 zone, with the short-term trend weak and volatile.

Noted Economist, Peter Schiff pointed out the striking trends across gold, silver and dollar rates, ” What’s interesting is despite gold and silver selling off sharply, the U.S. dollar is also falling against other foreign currencies. So if forex traders realize that cancelling rate cuts is not bullish for the dollar, why do precious metals traders think it’s bearish for gold?”

https://twitter.com/PeterSchiff/status/2034637873811464582?s=20

Kedia Advisory described the fall in the prices of precious metalks as a “blood bath”. It added that the drop in MCX gold futures as ignited by Fed’s hawkish tone and surging treasury yields.

Additionally, a surge in dollar index weighed in, and added to the downside for gold and silver.

“If current momentum persists, the next technical floor is expected near ₹1,40,000 (MCX Gold futures), as physiological support as market brace for continued pressure from escalating West Asia tensions and surging energy costs, ” Kedia Advisory said.

“Our technical analysis points to a bearish bias in gold prices. Close below USD 5000 / oz on daily basis to confirm the breakout for a move to USD 4600/4400 / oz, while this will be invalidated above USD 5150 / oz,” Yes Bank said in a report.

In international markets, spot gold which opened near the $4,800 slipped to intra-day lows near the $5,400/oz marks. On MCX, the April delivery contract of gold is down by more than 5%, trading at the Rs 1,44,557 per 10 gram mark.

Will crude oil price follow the Silver route? Sunil Singhania, Founder of Abakkus Asset Manager, tweeted that Silver surged rapidly to trade around $120, but within 2 months dropped to $70. Crude prices also tracked $120 during the same timeframe, but will it fall to $70, he asked.

https://twitter.com/SunilBSinghania/status/2034615068617498891?s=20

American Stockbroker, Peter Schiff in a social media post on X remarked that the sell-off for precious metals comes as rate cut expectations have been wiped off the market. However, he added that inflation would go away as the US Federal Reserve held rates steady.

https://twitter.com/PeterSchiff/status/2034555077600412024?s=20

The dollar index spiked to the 100 mark in today’s trade adding to the downside for precious metals like gold and silver. A strong dollar makes precious metals more expensive for other currency holders, thereby denting demand.

The rise in the dollar index comes as the West Asia conflict continues to see no signs of de-escalations. Hawkish stance of Fed with no signs of monetary policy easing, and inflationary shocks over the soaring oil and energy prices have pushed the dollar index to monthly high levels.

In late January 2026, silver prices surged to unprecedented heights, nearing the $120 per ounce. Ajay Kedia, Founder of Kedia Commodity Advisors, remarked that the increase in price was primarily fueled by strong investment demand, a weak US Dollar, and heightened expectations for interest rate reductions by the US Federal Reserve.

Commenting on the fall in the prices of precious metals, Kaynat Chainwala, AVP Commodity Research, Kotak Securities remarked that spot gold tumbled more than 3% to a near six-week low of $4,650 per ounce today, while silver slipped 7% below $70 per ounce, reversing early-session gains and marking a seventh consecutive loss.

The analyst added that the decline was largely driven by the Federal Reserve’s hawkish stance. “With any potential easing now contingent on clear signs of moderating inflation. Fed Chair Jerome Powell emphasized that rate cuts would not occur without progress in core inflation, while the economic impact of ongoing energy shocks remains uncertain,” she said.

The rate of silver has dropped by 9.33% to trade at $70.350 per troy ounce on the COMEX. The prices of silver have corrected by over 48% from their January highs, when they were trading at $120. Over the past days, the precious metal was trading for $85.620 an ounce, which 15% hgiher than today’s price.

Precious metals markets is seeing a sharp-sell off in Thursday’s trade. In international markets silver tumbled silver which opened near th $76/oz mark tumbled down to an intra-day low of $67/oz, marking a fall of 13%.

Currently silver prices are trading in international markets near the $70/oz mark. In a social media post on X, financial publication, The Kobeissi Letter said that the fall in prices of precious metals comes as expectations of rate cuts are wiped out due to inflationary concerns and high oil and energy prices.

https://twitter.com/KobeissiLetter/status/2034606478670135635?s=20

Despite ongoing geopolitical tensions, bullion remained under pressure as markets focused on the likelihood of higher-for-longer interest rates amid persistent inflation risks, said Manav Modi, Commodities Analyst at Motilal Oswal Financial Services.

The US-Israel conflict with Iran showed no signs of easing, following reports of an Israeli strike that killed senior Iranian official Ali Larijani and a subsequent attack on the world’s largest natural gas field shared by Iran and Qatar, keeping oil prices elevated above $100 per barrel.

The rate of silver tumbled more than 10% toward Rs 2.14 lakh per kilogram on MCX, marking the lowest level since mid-December, as aggressive central bank signals triggered a sharp sell-off in precious metals.

The US Federal Reserve kept rates steady at 3.50%–3.75% as expected, citing resilient growth, a stable labour market, and persistent inflation risks. This, along with geopolitical uncertainties in West Asia.