Indian Silver Prices Fall ₹50 Amid Global Easing
Silver prices in India fell ₹50 per 10 grams on Tuesday morning, marking a decline after two sessions of holding steady. The national rate for silver now stands at ₹2,500 per 10 grams, ₹25,000 per 100 grams, and ₹2,50,000 per kilogram across major markets.
The drop comes as global spot silver prices eased over the past session, pulling Indian rates lower in step with international benchmarks. Silver's added industrial-use component means it can continue to move independently of gold during periods when manufacturing or green-energy demand shifts on its own.
Dealers noted that Tuesday's decline reflects some profit booking after silver's recent steadiness, with the metal giving back part of its recent gains even as broader sentiment around precious metals stays constructive. Traders said silver's near-term direction will likely hinge on fresh cues from the US Federal Reserve, alongside industrial demand from electronics and solar-panel manufacturers.