Silver rate today declined slightly on Wednesday, March 11, on the back of easing oil prices and a softer US dollar. On MCX, silver price fell 1% to its day's low of ₹2,75,000 per kg while MCX gold price was down 0.30% to ₹1,62,800 per 10 grams. Why silver prices fell today? White metal prices fell as oil prices dropped below $90 per barrel, cooling some inflation concerns in global markets. “The current geo-economic factors may support gold and silver prices with the addition of structural and cyclical fundamental factors.

Source: Mint March 11, 2026 07:57 UTC