Silver Rate Latest Update: 23th April 2026
Silver rate in Bangalore declined on Thursday, 23 April, due to profit booking amid a rise in the US dollar and crude oil prices due to persisting uncertainties over a potential final truce between the US and Iran.
Prices fell in the futures market also due to elevated uncertainty in West Asia and the ongoing blockage of the Strait of Hormuz, which has kept energy prices high and inflation risks elevated.
According to media reports, Tehran has maintained control over the waterway, while the US has also continued its blockade of Iranian ports.
The metal has faced sustained pressure since the conflict began, as surging energy prices have fueled inflation concerns and raised the prospect of central bank rate hikes.
Jigar Trivedi, Senior Research Analyst at IndusInd Securities, highlighted that the white metal has faced sustained pressure since the conflict began, as surging energy prices have fueled inflation concerns and raised the prospect of central bank rate hikes.
Silver Rate Latest Update: 17th March 2026
Silver rate in Bangalore saw a mild uptick on Thursday amid tepid spot market demand even as the medium to long term outlook for the white metal remains bright.
Meanwhile, in the domestic futures market, silver price gained over 1% during the session amid dollar's decline, while persisting uncertainties about the timeline for the next round of the US-Iran talks.
Jigar Trivedi, Senior Research Analyst at IndusInd Securities , underscored that investors' focus is on signals for a possible second round of US-Iran discussions, which may be centred on reopening the Strait of Hormuz and Iran’s nuclear enrichment program.
In the recent past, silver prices have seen volatility due to oil prices rise and evolving geopolitical situations. However, diplomatic progress in the Middle East reduced concerns over inflation and possible central bank tightening, supporting the prices.
Silver Rate Latest Update: 11th March 2026
Silver prices declined on Wednesday amid profit booking after recent gains, even as geopolitical uncertainties persisted, driving investors away from riskier equities. Silver rate in Bangalore declined due to soft spot demand.
The US-Iran war has intensified even though US President Donald Trump said on Monday that the Middle East conflict can end sooner than expected. Conflicting signals on the ongoing war have triggered volatility in precious metals, even though experts remain positive about silver's medium-term prospects due to strong industrial demand amid tight supply.
A key headwind for silver is the fading prospects of US Fed rate cuts as the US-Iran war has raised inflationary risks. A prolonged war can also impact global growth which could weigh on silver's industrial demand.
Crude oil prices eased but are showing high volatility. Rising crude oil prices can strengthen the US dollar due to the petrodollar system. This is also negative for precious metals.
Most global crude oil trades are priced in US dollars. Moreover, major benchmarks like Brent Crude and West Texas Intermediate are quoted in dollars. So, when oil prices rise, demand for dollars increases as countries importing oil need more dollars to pay for the same quantity of oil.
Silver Rate Latest Update: 6th March 2026
Silver prices in Bangalore jumped on Friday, rebounding from previous day's decline amid a softer dollar, persisting geopolitical risks, and mounting inflation concerns. Silver rate in Bangalore rose on Friday on healthy spot demand.
Silver prices have seen strong volatility this week due to dollar's rise against its major peers amid waning prospects of rate cuts due to increased risks of inflationary pressure driven by the US-Iran war.
The combined US-Israel offensive against Iran has now entered its seventh day on Friday. Both sides have been showing strong aggression and at present, there are no signs of the war ending soon.
Surging oil prices have stoked fears that inflation will rise globally, pushing the central banks to hold rates steady. Markets now expect the US Federal Reserve to delay rate cuts to the later part of the year, and go for only one rate cut this year amid expectations of higher inflation, and stable jobs market trends.
Silver Rate Latest Update: 5th March 2026
Silver prices in Bangalore on Thursday, March 5, were at ₹295.9 per gram and ₹2,95,900 per kilogram. Silver prices witnessed heightened volatility on March 5 as strong safe-haven demand triggered by escalating US-Israel-Iran geopolitical tensions was countered by sharp profit-booking at elevated levels. On the MCX, silver corrected nearly ₹14,000 from its morning peak of ₹2,74,251. Internationally, spot silver struggled to hold above $83 per ounce.
According to Gaurav Garg, Research Analyst at Lemonn Markets Desk, the sharp intraday pullback reflects traders locking in gains. Meanwhile, a stronger US dollar, expectations around potential global tariffs, and developments around the nomination of Kevin Warsh as the next Federal Reserve Chair are also influencing sentiment in bullion markets.
Technically, silver faces immediate resistance near ₹2,77,800, with broader bullish momentum likely to persist if geopolitical uncertainties remain elevated, he added.
Silver Rate Latest Update: 27th February 2026
Silver rate in Bangalore rose on Friday on healthy spot demand after recent corrections. Investors increased their safe-haven buying amid persisting geopolitical uncetainties and the dollar's weakness.
US-Iran talks did not conclude on a positive note on Thursday. However, more rounds of negotiations are expected in the coming weeks. The recent unemployment data in the US raised hopes of a rate cut by the US Federal Reserve. Markets expect three 25 bps rate cuts this year from the Fed.
While silver rates have been volatile lately, the long term prospects of the white metal remain bright due to strong industrial demand amid tight supply.
Experts expect gold and silver prices to remain volatile lately. According to Manoj Kumar Jain of Prithvifinmart Commodity Research, silver has support at ₹2,55,000 and ₹2,48,800 and resistance at ₹2,64,600 and ₹2,71,000.
Silver Rate Latest Update: 25th February 2026
Silver prices rebounded from previous day's losses, supported by uncertainty over US tariff, elevated geopolitical risks, and broader economic uncertainties. Silver rate in Bangalore rose on increased spot demand.
The US began collecting a temporary 10% global tariff on Tuesday, while the White House is reportedly seeking to raise them to 15%, following the Supreme Court’s decision last week on US President Donald Trump’s reciprocal tariffs.
Investors focus is also on the third round of US-Iran nuclear talks scheduled in Geneva on Thursday.
However, diminishing expectations for near-term monetary easing by the Federal Reserve is capping gains.
On the MCX, silver prices rose by 3% on Wednesday amid a bullish undertone in the international market.
Silver Rate Latest Update: 20th February 2026
Short covering after recent correction and escalation of US-Iran tensions drove silver rates higher in India on Friday. Silver rate in Bangalore rose on healthy spot demand.
Silver rates have been volatile of late on profit booking after gains. However, the long term prospects of the metal remain bright due to strong industrial demand amid tight supply.
Expectations of US Fed rate cut and strong retail demand remain additional positives for the metal.
The minutes of January FOMC showed policy makers are divided over the next course of action. The focus is on the PCE data, the Fed's preferred inflation print, and the advanced estimates of Q4 GDP for further cues on the Fed's interest rate trajectory.
Silver Rate Latest Update: 18th February 2026
Short covering after the last two-day fall amid persisting geopolitical uncertainties drove silver prices higher. Silver rate in Bangalore rose on Wednesday on healthy spot buying.
Silver's long term prospects remain healthy due to increasing demand from sunrise sectors, such as EV, solar and data centres. Tight supply of the metal is fuelling prices higher due to a misaligned demand-supply trend.
However, stellar gains in the metal over the last year have triggered profit-taking, which is keeping silver prices volatile.
Experts recommend accumulating silver on dips for long term. Short-term investors, however, may stay cautious due to volatility in prices.
Silver Rate Latest Update: 16th February 2026
Profit booking at higher levels amid an uptick in the US dollar after the lower-than-expected US inflation data dragged silver prices lower. Silver rate in Bangalore witnessed some volatility on Monday, February 16.
Silver's long term prospects remain healthy due to strong industrial demand amid tight supply. However, stellar gains in the metal over the last year has triggered profit taking which is keeping silver prices volatile.
Waning expectations of US Fed rate cuts are also exerting pressure on silver prices. Markets are currently pricing in a Fed rate cut in July.
The focus is on the minutes of the last US FOMC meeting and core PCE price index data for further cues on the US monetary outlook.
Mainland China’s markets are closed this week for the Lunar New Year holiday.
Experts highlighted that a surge in speculative trade in precious metals by Chinese traders had driven the prices higher in recent weeks, prompting authorities to apply various measures to curb market risks. Silver peaked above $120 an ounce in late January before falling to around $64 earlier this month as sentiment reversed.
