Silver rate today: Is it the right time to buy as precious white metal slips after PM Modi's speech?
Silver rate today, May 11 -- The white metal jumped around 1% on Monday, extending gains for the second consecutive session. However, on the other hand, gold prices slipped marginally on 11 May.
MCX silver futures for July 2026 delivery jumped Rs.3,000, or 1.1%, to Rs.2,64,922 per kg, continuing their upward momentum after the white metal had gained Rs.3,500 in the previous trading session.
Meanwhile, MCX gold futures for June 2026 delivery declined by Rs.532, or 0.3%, to Rs.1,52,000 per 10 grams, weighed down by rising crude oil prices and a firmer US dollar as traders adjusted their positions.
On the international front, spot silver gained 0.3% to trade at $80.57 per ounce, while spot gold slipped 0.8% to $4,676.02 per ounce. Meanwhi...
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