Silver Prices Hold Steady at ₹2,350 Amid Ongoing Range-Bound Trading

Silver prices in India remained steady on Monday morning at ₹2,350 per 10 grams, marking a fifth consecutive session of range-bound trading. This stability comes despite a recent flare-up in Iran-US tensions that briefly lifted silver prices to ₹2,400 per 10 grams last week.

Analysts attribute the current lull in silver prices to its dual identity as both a safe-haven asset and an industrial input, keeping it range-bound. Demand from the electronics and solar photovoltaic sectors continues to offer some underlying support, even as investors remain cautious in the absence of fresh catalysts.

The contrast between flat silver and softer gold suggests investors are treating the two metals differently for now, with gold tracking incremental shifts in the dollar index while silver stays anchored by steadier industrial demand.