Silver rate today, April 27 -- Silver prices declined in India on Monday, 27 April, mirroring weak global trends as a stronger US dollar and rising crude oil prices weighed on sentiment. The downturn in precious metals came amid growing concerns that inflation could remain elevated, potentially forcing central banks-particularly the US Federal Reserve-to keep interest rates higher for longer. Gold prices also moved lower, reflecting a broader weakness across the metals space.

On MCX, Silver lost 0.5% to Rs.2,43,253 per kg, while Gold price was flat at Rs.1,52,640 per 10 grams.

In global markets, the softness was visible across the board. Spot silver slipped 0.3% to $75.48 per ounce, while platinum fell 0.3% to $2,005.15 and palladium de...