By Admin 
Silver Price Crash Today: There have been sharp fluctuations in the prices of gold and silver for the last few days. Especially the price of silver has shocked people. Suddenly silver is moving up and down like the speed of a rocket. On Monday’s trading day, the price of silver suddenly slipped by Rs 21,000.
However, once again a tremendous rise was seen on Tuesday. On Wednesday, December 31, the last day of the year, silver again caused huge losses to investors. Silver futures on Multi Commodity Exchange (MCX) have fallen by more than Rs 18 thousand today…
latest price of silver
On Wednesday, December 31, the silver futures with expiry of March 5 opened at Rs 2,41,400 (per kg) on the Multi Commodity Exchange. On its last trading day, silver on MCX closed at Rs 2,51,012.
At 1:30 pm on December 31, silver with expiry of March 5 was trading at Rs 2,37,500 on MCX. Which shows a decline of about Rs 13,500 from the previous day’s closing price.
MCX Silver had reached a high level of Rs 2,42,000 in early trade. The low level of the day was Rs 2,32,228. Which is a decline of about Rs 18,700 from the previous closing price. Which clearly shows that today silver has disappointed the investors.
How much has silver fallen from record high?
If we compare the current price of silver with the record high, there is a clear decline in it. On Monday, silver on MCX had reached a record level of Rs 2,54,174 per kg. But at the beginning of the trading day on Wednesday, its price slipped to Rs 2,32,228 per kg. In this way, compared to the record high, at present the future price of 1 kg silver has become cheaper by about Rs 21,946.
Also read: Have to go to the bank on 1st January? Before leaving home, definitely check the list of holidays, otherwise you will face trouble.