Silver Prices Steady at ₹2,40,000/kg Amid Global Market Volatility

Silver prices remained under pressure on October 1, 2026, as global market conditions turned cautious. In India, gold rates declined across various categories while silver held steady at ₹2,40,000 per kg.

Investors and buyers are closely watching international prices, currency movements, and economic developments. The MCX Gold 5 October futures stood at ₹1,46,513 per 10 grams, while the MCX Silver 4 December contracts were at ₹2,27,390 per kg as of around 9:00 am.

The silver spot price was $60.59 per troy ounce as of September 29, 2026, and traded around $60.72 per ounce on that day according to Reuters.