Silver Prices Dip Marginally to Rs 2.68 Lakh: Is It Time to Invest?

Business
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Moneycontrol•12-02-2026, 09:26
Silver Prices Dip Marginally to Rs 2.68 Lakh: Is It Time to Invest?
- •Silver prices declined marginally to Rs 2,68,128 per kilogram, a 0.69% drop from the previous close.
- •The dip follows stronger-than-expected US nonfarm payrolls data, dampening Federal Reserve interest rate cut expectations.
- •Global silver market faces renewed tightness with China's stockpiles at a decade low and declining inventories.
- •Kedia Advisory identifies near-term support at Rs 254,115 and resistance at Rs 268,545 for silver prices.
- •Despite record inflows into London, borrowing costs remain high, with London vault holdings slightly lower.
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