Silver Prediction for Tomorrow 9 June 2026: MCX Price Forecast and Key Levels
- June 8, 2026
- Posted by: Kunal Singla
- Category: News
Silver MCX Rs 2,58,500/kg (-4.79%) on 8 Jun. Hot US NFP 139K. Support Rs 2,54,000, resistance Rs 2,63,000. Bearish. VIX 17.09.
The Silver prediction for tomorrow 9 June 2026 is Bearish as MCX Silver closed at Rs 2,58,500/kg (-4.79%) on 8 June 2026. Silver fell -4.79% today — one of the sharpest single-day declines in recent sessions — as Dollar surge from hot NFP hit both the precious metal and industrial demand dimensions. The hot US NFP at 139K jobs (vs 85K expected) strengthened the Dollar Index, creating headwinds across global commodities. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, provide the key technical levels and price forecast for the Silver prediction for tomorrow 9 June 2026.
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Market Context: 8 June 2026 Session
- Nifty 50: 23,123 (-1.04%). US NFP 139K (vs 85K expected) and West Asia conflict drove a sharp sell-off.
- India VIX: 17.09 (++8.2%). Elevated VIX increases intraday range for tomorrow.
- SBI: Rs 981.95 (+0.43%) — the only major Nifty 50 stock to close in the green today.
- FII (5 June): Net sold Rs -4,075.06 Cr. FII selling pressure continues.
- US CPI (10 June): Next key global event. A cooler reading would support recovery for tomorrow’s prediction.
Silver Price Levels for Tomorrow 9 June 2026
| Parameter | Value |
|---|---|
| MCX Close (8 June) | Rs 2,58,500/kg |
| Previous Close (5 June) | Rs 2,71,500/kg |
| Change | -4.79% |
| Support 1 | Rs 2,54,000/kg |
| Support 2 | Rs 2,49,000/kg |
| Resistance 1 | Rs 2,63,000/kg |
| Resistance 2 | Rs 2,68,000/kg |
| Trend | Bearish |
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Silver Prediction for Tomorrow: Technical Analysis
Ankit Jaiswal observes that the Silver prediction for tomorrow is anchored at Rs 2,54,000 support. Silver fell -4.79% today — one of the sharpest single-day declines in recent sessions — as Dollar surge from hot NFP hit both the precious metal and industrial demand dimensions. A break above Rs 2,63,000 with volume would be the bullish trigger.
Kunal Singla notes that the Dollar Index direction overnight is the primary variable for the Silver prediction for tomorrow. Post the hot US NFP (139K jobs), Dollar stability or weakness overnight is the prerequisite for any commodity recovery.
Bull and Bear Case for Silver Prediction for Tomorrow
Bullish: Any Dollar reversal or Iran ceasefire reducing risk-off; gold coattail support. Target Rs 2,63,000 then Rs 2,68,000.
Bearish: Hot US CPI on 10 June; continued Dollar strength reducing silver’s dual precious-industrial appeal. Risk toward Rs 2,54,000 then Rs 2,49,000.
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Conclusion
The Silver prediction for tomorrow 9 June 2026 is Bearish with Rs 2,54,000 as key support and Rs 2,63,000 as resistance. Data sourced from open public platforms including NSE and BSE — verify from official sources before any decision.
Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.
Disclaimer: The securities quoted, if any, are for illustration purposes only and are not recommendatory. This article is for educational purposes only and shall not be considered as investment advice or a recommendation by Univest (Uniresearch Global Pvt Ltd, SEBI Registered Research Analyst INH000013776). Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Data is sourced from open public platforms including NSE and BSE and may be subject to revision. Always verify from official NSE/BSE sources before making any investment decision. Registration granted by SEBI in no way guarantees the performance of the intermediary or provides any assurance of returns to investors. Past performance is not indicative of future results.
Frequently Asked Questions
What is the Silver prediction for tomorrow 9 June 2026?
Ans. The Silver prediction for tomorrow is Bearish. MCX Silver closed at Rs 2,58,500/kg (-4.79%) on 8 June. Support Rs 2,54,000, resistance Rs 2,63,000. Silver fell -4.79% today — one of the sharpest single-day declines in recent sessions — as Dollar surge from hot NFP hit both the precious metal and industrial demand dimensions.
What is the Silver price target for tomorrow?
Ans. The Silver price target for tomorrow ranges from Rs 2,54,000 downside to Rs 2,63,000 upside. A sustained break above Rs 2,63,000 signals bullish momentum for the Silver prediction for tomorrow.
What factors affect Silver prediction for tomorrow?
Ans. Any Dollar reversal or Iran ceasefire reducing risk-off; gold coattail support supports the bullish case. Hot US CPI on 10 June; continued Dollar strength reducing silver’s dual precious-industrial appeal is the primary bearish risk for the Silver prediction for tomorrow.
What is MCX Silver support and resistance for tomorrow?
Ans. Support 1: Rs 2,54,000/kg. Support 2: Rs 2,49,000/kg. Resistance 1: Rs 2,63,000/kg. Resistance 2: Rs 2,68,000/kg.
Is Silver bullish or bearish for tomorrow 9 June 2026?
Ans. The Silver prediction for tomorrow is Bearish. Silver fell -4.79% today — one of the sharpest single-day declines in recent sessions — as Dollar surge from hot NFP hit both the precious metal and industrial demand dimensions. Watch Rs 2,63,000 as key resistance and Rs 2,54,000 as key support.
How does the Dollar Index affect Silver prediction for tomorrow?
Ans. The Dollar Index surged post hot US NFP (139K vs 85K expected) on 8 June. A stronger Dollar typically pressures commodity prices including Silver. Dollar stabilisation overnight is the key condition for the Silver prediction for tomorrow to improve.
What is the global outlook for Silver for tomorrow 9 June?
Ans. Globally, Silver fell -4.79% today — one of the sharpest single-day declines in recent sessions — as Dollar surge from hot NFP hit both the precious metal and industrial demand dimensions. The hot US NFP and West Asia conflict are the dominant macro factors shaping the Silver prediction for tomorrow 9 June 2026.
Should I trade Silver tomorrow 9 June 2026?
Ans. This article is for educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before any Silver trading decision for tomorrow.
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