{"id":325203,"date":"2026-10-23T12:50:50","date_gmt":"2026-10-23T07:20:50","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325203"},"modified":"2026-10-23T12:50:50","modified_gmt":"2026-10-23T07:20:50","slug":"silver-price-today-silver-crashes-rs-8590-per-kg-to-7-month-low-gold-at-2-month-low-fed-hike-fears-and-oil","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/silver-price-today-silver-crashes-rs-8590-per-kg-to-7-month-low-gold-at-2-month-low-fed-hike-fears-and-oil\/","title":{"rendered":"Silver Price Today: Silver Crashes Rs 8,590 per kg to a 7-Month Low, Gold at 2-Month Low on Fed Hike Fears and Oil"},"content":{"rendered":"

Silver price today fell below Rs 2 lakh per kg on MCX. The December contract dropped Rs 8,593 to Rs 2,00,575 on 22 Oct, its lowest in seven months, and traded near Rs 1,95,702 at about 12:30 PM on 23 Oct, down 1.95% from Rs 1,99,599. MCX gold fell Rs 2,300 to Rs 1,43,600 per 10 grams on 22 Oct, a two-month low, and was near Rs 1,42,355 today.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Silver price today is under pressure because traders fear that the US Federal Reserve could raise interest rates again after hotter inflation data and higher energy prices. MCX silver fell Rs 8,593 per kg, about 4.1%, to a seven-month low on 22 Oct and has slipped a further 1.95% today. Gold is at a two-month low alongside the silver price today, with MCX gold down about 1.6% on 22 Oct and 0.67% more today. Silver is down about 10% and gold about 3.3% so far in October, according to BusinessToday.<\/p>\n<\/p><\/div>\n

The silver price today is a surprise for many investors, because the usual idea is that war and oil spikes lift precious metals. This time the opposite is happening. Higher oil raises inflation worries, inflation raises the chance of higher rates, and higher rates make non-yielding metals less attractive.<\/p>\n

This article on silver price today gives the latest levels, the reasons for the fall, the gold and silver comparison, the global cues and the points to watch. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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