Silver futures saw a stronger rise. The contract was trading at ₹1,79,393 per kg, up ₹2,807 or 1.59%. The metal touched a lifetime high of ₹1,80,748 in the session today. Gold futures were last trading at ₹1,28,026 per 10 grams, up ₹692 or 0.54% on MCX. The current price is about ₹4,268, or 3.2%, below its all-time peak of ₹1,32,294. Intraday, gold moved between ₹1,28,011 and ₹1,28,120, against a previous close of ₹1,27,334.
Globally, silver
steadied near record levels after a sharp rally of about 17% over the last seven sessions, supported by expectations of US monetary easing and continued supply tightness. The metal traded at $58.47 an ounce in early hours after hitting an all-time high of $58.84 on Monday, while gold was flat at $4,208.54.
Oil prices were mixed, as markets awaited the outcome of Russia–Ukraine peace talks that could affect global supply. Meanwhile, the rupee continued to weaken, breaching the 90/dollar level for the first time amid sustained outflows, higher US tariffs on Indian goods, and hedging demand from importers.
