India, March 14 -- Silver prices have seen a slight decline globally and domestically, primarily pressured by a strengthening US Dollar and shifting expectations regarding Federal Reserve interest rate cuts. International rates fell roughly 3.3% to 3.9% recently, settling near 80.54 per ounce. Domestic rates have dropped further, with silver now trading at approximately 2.80 lakh per kilogram in major northern cities.
International Silver Price
A stronger dollar has put significant pressure on the precious metal, causing the global benchmark for silver to drop by about 3.3% to 3.9%.
Published by HT Digital Content Services with permission from The Sunday Guardian....
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