New Delhi, Nov 12 (PTI) Silver futures declined by Rs 2,376 to Rs 1.82 lakh per kg on Thursday, tracking weakness in global markets as a stronger US dollar and expectations of tighter monetary policy weighed on precious metals.
On the Multi Commodity Exchange, the white metal contract for December delivery tumbled by Rs 2,376, or 1.29 per cent, to Rs 1,82,149 per kilogram.
"MCX silver witnessed selling pressure; its losses remained relatively contained compared with gold," said Gaurav Garg, Head of Research at brokerage platform Lemonn.
In international markets, Comex silver futures for December delivery fell by 1.41 per cent, to USD 51.27 per ounce.
Silver slipped to trade around USD 51 an ounce as the US dollar strengthened to a 19-month high of nearly 103, its highest level since April 2025, brokerage firm Axis Securities said.
Stronger-than-expected US inflation data and hawkish commentary from Federal Reserve officials have supported the dollar, adding pressure on precious metals, it added.
