Silver Surges Rs 1,500 to Rs 2.76 Lakh/kg Amid Strong Global Trends

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Silver Surges Rs 1,500 to Rs 2.76 Lakh/kg Amid Global Trends, West Asia Crisis

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News18•12-03-2026, 18:30

Silver Surges Rs 1,500 to Rs 2.76 Lakh/kg Amid Global Trends, West Asia Crisis

•Silver price in New Delhi surged by Rs 1,500 to Rs 2.76 lakh per kilogram on Thursday, driven by firm global trends and the intensifying West Asia crisis.
•Gold prices retreated by Rs 400, ending a three-day rally, to Rs 1,65,200 per 10 grams.
•Analysts attribute silver's resilience to potential buying opportunities amid geopolitical tensions, particularly the US-Iran situation.
•Gold's slight decline is linked to a firmer dollar, persistent inflation concerns, and its inverse relationship with crude oil prices.
•Investors are awaiting crucial US economic data, including the Core PCE price index and GDP numbers, for cues on the Federal Reserve’s rate outlook.

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