Why did silver price today drop sharply in India?

Profit-taking near recent highs, a firmer US dollar, and a hawkish Fed tone pressured bullion. Thin year-end liquidity likely amplified the move. Local premiums and taxes can widen intraday swings too, so spot quotes may vary by city and dealer. Geopolitical risks still provide a floor on deeper dips.

How are MCX silver futures affected today?

Expect wider ranges and quick reversals. Traders can use smaller contracts like Silver Mini or Micro for better control, set tight stops, and scale out into strength. Watch the dollar, COMEX cues, and local premiums. Avoid oversized positions, especially if carrying exposure overnight into low-liquidity hours.

What should physical buyers in India consider now?

Compare multiple city quotes, check making charges and GST, and confirm buyback terms. If you accumulate, stagger purchases rather than buying all at once. Silver price today is volatile, so use dips to add gradually. Consider storage needs and liquidity if you might sell in the short term.

How does gold price today influence silver?

Gold and silver often move together on macro drivers like the dollar and yields. When gold softens, silver momentum can fade too, especially intraday. However, silver also has strong industrial demand, so it can diverge at times. Track both metals to cross-check signals before entering trades.

Global Market Insights

Silver Price Today, December 31: Profit-Taking Triggers Sharp Drop

ByHuzaifa Zahoor December 31, 2025December 31, 2025

Silver price today slid in India as traders booked profits after a strong run to record highs. A firmer dollar and a hawkish US Federal Reserve tone kept rallies in check, while geopolitics still lent support to safe-haven demand. Gold price today also eased, keeping bullion volatility high across spot markets and MCX contracts. We break down the drivers, near-term risks, and practical strategies for Indian traders and long-term buyers assessing dips.