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.

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Silver Price Crashes: A sharp decline in silver prices was seen on Monday amid positive signs regarding reduction in geopolitical tension and Ukraine-Russia war. Positive talks between US President Donald Trump and Ukrainian President Vladimir Zelensky increased investors’ risk appetite, which impacted silver, which is considered a safe investment. In just one hour, the price of silver on Multi Commodity Exchange (MCX) fell by almost Rs 21,000 per kg to Rs 2,33,120 in intra-day trading. This big fall came at a time when earlier silver had reached an all-time high of Rs 2,54,174 per kg.

Why is silver shining?

Fluctuations in silver were also seen in the international market. It reached the level of $ 80 per ounce for the first time in early trading on Monday, but under the pressure of profit booking, its price slipped to around $ 75 per ounce. However, despite this, investor sentiment towards silver remains strong at the global level.

In fact, due to strong investor demand and positive global signals, silver prices recorded a record rise for the sixth consecutive session in futures trade on Monday. On MCX, the price of silver contract for March 2026 delivery jumped by Rs 14,387, or about six percent, to reach an all-time high of Rs 2,54,174 per kg. Due to the strength in international markets, traders purchased silver on a large scale, which supported the prices.

Why is demand increasing?

Meanwhile, the upward trend in gold prices also continued. On MCX, the price of gold contract for February 2026 delivery increased by Rs 357, or 0.26 percent, to reach a record level of Rs 1,40,230 per 10 grams. Earlier on Friday, gold had reached an all-time high of Rs 1,40,465 per 10 grams.

The shine of precious metals continued in the global markets also. On Comex, gold futures rose 0.35 percent to a new record of $ 4,536.80 an ounce, while silver futures jumped 7.09 percent to an all-time high of $ 82.67 an ounce.

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