Silver prices took a small step back on Tuesday, January 13. The white metal opened in negative territory after hitting a record high just one day earlier.
Investors Book Profits After Monday's Peak
Market participants rushed to lock in gains on Monday. This profit-booking activity pushed silver rates lower at the start of Tuesday's trading session.
Current Trading Figures on MCX
On the Multi Commodity Exchange (MCX), silver prices were trading marginally lower. The rate fell by ₹270, or 0.10 percent, to ₹2,68,700 per kilogram.
This minor decline follows a strong rally that propelled silver to a new all-time high. The metal's performance remains a key focus for commodity traders this week.
Important Note:This market update is for educational purposes only. It provides information about recent price movements. Always consult with a qualified investment advisor before making any financial decisions.
This is a developing story. We will continue to monitor the situation and provide further updates as needed.
