India Silver Prices Hit Sixth Straight Session of Plateau at ₹2,350 per 10 Grams
Silver prices in India have been stuck at ₹2,350 per 10 grams for the sixth straight session. This stability follows a brief flare-up in Iran-US tensions last week that saw silver prices touch ₹2,400 per 10 grams before retreating.
Bullion dealers attribute this equilibrium to silver's dual identity as both a safe-haven asset and an industrial input, which keeps prices anchored. Demand from electronics and solar photovoltaic sectors remains strong, but investors are staying on the sidelines awaiting fresh triggers.
The market's near-term direction is now tied to how the Iran-US situation evolves, with any de-escalation potentially leading to lower silver prices and a fresh flare-up reviving safe-haven buying.