The Silver price on Multi commodity exchange (MCX), marginally decreased on Thursday, October 21, 2021. Silver futures were trading at Rs 65,585.00 down 22 points or -0.03% per Kg in the Indian market. In global markets, silver was priced at 24.34 USD per Troy Ounce. Platinum gained 0.43% to $1,057.50 while Palladium rose 0.22% to $2,080.00. The Gold futures were trading at Rs 47460.00 down 39 points or -0.08% per 10 gms.
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Silver price in Delhi today is Rs 65,900 per Kg. The spot silver rate in India today is Rs 65,900 per Kg. In the previous trade, the precious metal had settled at Rs 64,600 per Kg while the Silver rate in Mumbai is Rs 65,900 per kg, according to details provided by the good returns website.
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Gold has struggled this year after hitting a record high of Rs 56,200 last year amid a stronger US dollar and hopes of faster economic recovery amid vaccination drive.
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Global equity markets also retreated today as investors grew increasingly concerned about a growing energy crisis and spiking inflation.
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Meanwhile, Brent crude, the international oil benchmark, dropped 0.08 percent to USD 85.75 a barrel. In early trade, the rupee rose 3 paise to 74.85 against the US dollar. In early trade, the Sensex was up 265.84 points, or 0.43 percent, at 61,525.80. Likewise, the Nifty rose 93.45 points, or 0.51 percent, to 18,360.05.