The Silver price on Multi commodity exchange (MCX), marginally increased on Wednesday, October 27, 2021. Silver futures were trading at Rs 64928.00 down 61 points or -0.09% per Kg in the Indian market. In global markets, silver was priced at 24.05 USD per Troy Ounce. Platinum declined -0.44% to $1,027.50 while Palladium rose 0.35% to $2,020.00.The Gold futures were trading at Rs 47678.00 down 135 points or -0.28% per 10 gms.

Also Read| Gold price on Wednesday, October 27, 2021

Silver price in Delhi today is Rs 65000 per Kg. The spot silver rate in India today is Rs 65000 per Kg. In the previous trade, the precious metal had settled at Rs 66000 per Kg while the Silver rate in Mumbai is Rs 65000 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, slipped 0.47% to USD 85.25 a barrel. In early trade, the rupee falls 6 paise to 75.02 against the US dollar.