Share Market Today Live Updates June 7, 2024: Gold heads for weekly loss, drops over 2% on strong US jobs report, China data; silver sheds 6% (2024)

Table of Contents
Commodity News Today Live Updates: Gold heads for weekly loss, drops over 2% on strong US jobs report, China data; silver sheds 6% Stock Markets Today Live Updates: Street casts worries aside, stocks race back to the top Stock Markets Today Live Updates: Saudi Arabia to raise $11.2 billion from Aramco's mega share sale: Here's why foreign investors stole the show Stock Markets Today Live Updates: 159% Returns in 1 Year: Multibagger Dixon Tech hits 52-week high after stock price surpasses ₹10,000-mark Stock Markets Today Live Updates: A Texas stock exchange wants to take on New York. The odds aren’t good. Stock Markets Today Live Updates: Wall Street’s hot ‘window’ metaphor is a real pane in the glass Stock Markets Today Live Updates: Bajaj Finance rallies 5% after NBFC floats subsidiary's IPO plans to raise ₹3,000 crore; Should you buy? IPO News Today Live Updates: Kronox Lab Sciences IPO to list on June 10. What does GMP, subscription status hint ahead of listing? Stock Markets Today Live Updates: Top Gainers and Losers today on 7 June, 2024: Mahindra & Mahindra, Wipro, SBI Life Insurance Company, Tata Consumer among most active stocks; Check full list here Stock Markets Today Live Updates: ICICI Bank, SBI, Federal Bank and more: Axis Securities lists top 6 bank, NBFC picks post Q4 results; check full list Stock Markets Today Live Updates: Stock market today: Sensex, Nifty 50 settle at fresh closing highs; investors earn nearly ₹7 lakh crore in a day IPO News Today Live Updates: Bajaj Housing Finance IPO: Bajaj Finance to offload ₹3,000 crore worth of shares via OFS; stock jumps 5% Stock Markets Today Live Updates: 1:4 bonus shares effect: Multibagger BSE SME IPO turns ₹1.20 lakh to ₹14.80 lakh in 11-year Stock Markets Today Live Updates: Portfolio optimisation: Experts recommend over 50% investment in equities; how much should you allocate to gold, debt? Stock Market News Today Live Updates: Zerodha's Nithin Kamath: ‘In future, brokers will just process orders…’ says SEBI making markets ‘investor-friendly’ Stock Markets Today Live Updates: Paytm share price hits 10% upper circuit. More steam left? Stock Market News Today Live Updates: Gold prices are sky-high. Will gold miners follow? Mark To Market Today Live Updates: IRCTC is on right track to spur growth but rich valuation a hurdle Stock Markets Today Live Updates: TDP-related stocks take centerstage after ‘Modi stocks’ Stock Markets Today Live Updates: CarTrade Tech share price target raised on bullish outlook; analysts see 45% upside Stock Markets Today Live Updates: RBI monetary policy effect: Nifty Realty Index rises 1.55%. Shares of Sobha, Oberoi Realty hit record high Stock Markets Today Live Updates: Meet the ‘degen’ traders fueling the latest meme-stock mania Mark To Market Today Live Updates: Chart Beat: FIIs shun Indian equities more than before Stock Markets Today Live Updates: Is the worst seemingly behind for Indian chemical players? Stock Market News Today Live Updates: Compuage Infocom, Future Supply Chain Solutions & others hit 52 week low today ;Check the full list here? Stock Market News Today Live Updates: Amara Raja Energy & Mobility, Balkrishna Industries & others hit 52 week high today ; Do you own any? Stock Markets Today Live Updates: TDP leader Chandrababu Naidu's wife earns ₹579 crore in five days from this FMCG stock Stock Markets Today Live Updates: RBI monetary policy: Inflation to growth outlook - 5 key highlights from RBI MPC outcome Stock Markets Today Live Updates: RBI monetary policy: MPC keeps FY25 inflation forecast unchanged at 4.5% Commodity News Today Live Updates: Gold and silver prices today on 07-06-2024: Check latest rates in your city IPO News Today Live Updates: TBI Corn share price makes a bumper debut, stock opens with 110% premium at ₹198 apiece on NSE SME Commodity News Today Live Updates: Gold price jumps as weak US job data fuels US Fed rate cut buzz. Should you buy? Stock Markets Today Live Updates: Stock in focus: Rajesh Palviya of Axis Securities recommends Exide, Va Tech Wabag, and Glenmark today Stock Markets Today Live Updates: Nifty IT jumps 2%; TCS, Infosys, HCL Tech, Tech Mahindra all in green. Why are IT stocks rising? Stock Markets Today Live Updates: Uno Minda share price flies to a new high as the winning streak continues for the second day Stock Markets Today Live Updates: PSU stocks frenzy: Madhu Kela comfortable in buying PSU banks, but wary of ‘unsustainable valuations’ in THESE firms Stock Markets Today Live Updates: Stocks to buy or sell: Gulf Oil to Aegis Logistics — Sumeet Bagadia recommends five breakout stocks today Stock Markets Today Live Updates: Before Market Opens: 9 essential things to know at 9 am on June 7, 2024 Stock Markets Today Live Updates: Stocks to watch: ITC, Bajaj Finance, IRB, Dixon, RVNL Stock Markets Today Live Updates: Stock market today: Trade setup for Nifty 50 to RBI MPC meeting, five stocks to buy or sell on Friday — June 7 Stock Markets Today Live Updates: Nifty 50, Sensex today: What to expect from Indian stock market in trade ahead of RBI policy on June 7 Stock Markets Today Live Updates: Stock market today: Zee Entertainment Enterprises stock on F&O ban list on June 7 Stock Markets Today Live Updates: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, ECB rate cut to US jobless claims Stock Markets Today Live Updates: Dividend stocks: Indian Bank, Himadri Speciality Chemical, ICICI Lombard among 10 stocks to trade ex-dividend today Stock Markets Today Live Updates: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 7 FAQs

Share Market Today Live Updates: Catch today's market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint's market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

07 Jun 2024, 10:29:36 PM IST

Commodity News Today Live Updates: Gold heads for weekly loss, drops over 2% on strong US jobs report, China data; silver sheds 6%

  • Gold

Read the full story here

07 Jun 2024, 09:13:48 PM IST

Stock Markets Today Live Updates: Street casts worries aside, stocks race back to the top

  • The Nifty and the Sensex scaled new peaks on Friday after their steepest crash in four years just three days ago. But experts say the markets will likely remain volatile for a while longer

Read the full story here

07 Jun 2024, 07:38:11 PM IST

Stock Markets Today Live Updates: Saudi Arabia to raise $11.2 billion from Aramco's mega share sale: Here's why foreign investors stole the show

  • Saudi Arabia will sell almost 1.55 billion shares for 27.25 riyals ($7.27) apiece. That’s a six per cent discount to the stock’s last close before the deal was announced, in line with the average for offers of a similar size over the past decade.

Read the full story here

07 Jun 2024, 06:38:54 PM IST

Stock Markets Today Live Updates: 159% Returns in 1 Year: Multibagger Dixon Tech hits 52-week high after stock price surpasses ₹10,000-mark

  • 159% Returns in 1 Year: Multibagger Dixon Tech hits 52-week high after stock price surpasses 10,000-mark

Read the full story here

07 Jun 2024, 06:35:29 PM IST

Stock Markets Today Live Updates: A Texas stock exchange wants to take on New York. The odds aren’t good.

  • A red-blue divide underpins the TXSE’s challenge to the New York Stock Exchange and Nasdaq.

Read the full story here

07 Jun 2024, 06:30:07 PM IST

Stock Markets Today Live Updates: Wall Street’s hot ‘window’ metaphor is a real pane in the glass

  • With a flurry of companies going public, everyone is obsessed: Is the window for a warm welcome by investors open, closed, or just ajar?

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07 Jun 2024, 05:49:33 PM IST

Stock Markets Today Live Updates: Bajaj Finance rallies 5% after NBFC floats subsidiary's IPO plans to raise ₹3,000 crore; Should you buy?

  • Bajaj Finance rallies 4% after NBFC floats subsidiary's IPO plans to raise 3,000 crore

Read the full story here

07 Jun 2024, 04:34:45 PM IST

IPO News Today Live Updates: Kronox Lab Sciences IPO to list on June 10. What does GMP, subscription status hint ahead of listing?

  • Kronox Lab Sciences IPO to list on June 10, allotment completed on June 6, shares credited to demat accounts on June 7. Kronox Lab Sciences IPO received strong response in subscription, with GMP at 33 indicating a potential listing price of 169 per share.

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07 Jun 2024, 04:03:19 PM IST

Stock Markets Today Live Updates: Top Gainers and Losers today on 7 June, 2024: Mahindra & Mahindra, Wipro, SBI Life Insurance Company, Tata Consumer among most active stocks; Check full list here

  • Top Gainers and Losers Today : The Sensex gained 1618.85 points, or 2.16, to settle at 75074.51, while the Nifty gained 468.75 points, or 2.05, to close at 22821.4.

Read the full story here

07 Jun 2024, 03:52:50 PM IST

Stock Markets Today Live Updates: ICICI Bank, SBI, Federal Bank and more: Axis Securities lists top 6 bank, NBFC picks post Q4 results; check full list

  • Axis Securities picks ICICI Bank, SBI, Bank of Baroda, and Federal Bank as top banking choices post Q4FY24 results.

Read the full story here

07 Jun 2024, 03:34:21 PM IST

Stock Markets Today Live Updates: Stock market today: Sensex, Nifty 50 settle at fresh closing highs; investors earn nearly ₹7 lakh crore in a day

  • Stock market today: Sensex closed with a gain of 1620 points, or 2.16 per cent, at 76,694.34, while the Nifty 50 closed at 23,267.75, up 446 points, or 1.96 per cent.

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07 Jun 2024, 03:28:33 PM IST

IPO News Today Live Updates: Bajaj Housing Finance IPO: Bajaj Finance to offload ₹3,000 crore worth of shares via OFS; stock jumps 5%

  • Bajaj Housing Finance IPO: Bajaj Finance to offload shares of Bajaj Housing Finance in 3,000 crore IPO. The company plans to raise 4,000 crore through fresh issuance and offer-for-sale. Bajaj Finance's net profit increased by 21.1% in Q4 FY24.

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07 Jun 2024, 03:23:28 PM IST

Stock Markets Today Live Updates: 1:4 bonus shares effect: Multibagger BSE SME IPO turns ₹1.20 lakh to ₹14.80 lakh in 11-year

  • Multibagger SME IPO was launched in July 2013 at a fixed price of 15 per equity share

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07 Jun 2024, 03:09:18 PM IST

Stock Markets Today Live Updates: Portfolio optimisation: Experts recommend over 50% investment in equities; how much should you allocate to gold, debt?

  • Indian markets recover impressively post election turbulence, surging by 6%. RBI revises FY25 GDP growth forecast to 7.2%. Experts recommend diversified portfolio with 50% in equities, 10-35% in gold, and 15-25% in fixed income to optimise returns amidst volatility.

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07 Jun 2024, 02:53:46 PM IST

Stock Market News Today Live Updates: Zerodha's Nithin Kamath: ‘In future, brokers will just process orders…’ says SEBI making markets ‘investor-friendly’

  • In a post on the social media site X, Zerodha founder-CEO Nithin Kamath praised SEBI for making the Indian markets safer and more investor-friendly.

Read the full story here

07 Jun 2024, 02:05:39 PM IST

Stock Markets Today Live Updates: Paytm share price hits 10% upper circuit. More steam left?

  • Paytm share price: The NSE had recently revised the curcuit filter of One 97 Communication shares from 5% to 10%

Read the full story here

07 Jun 2024, 02:03:50 PM IST

Stock Market News Today Live Updates: Gold prices are sky-high. Will gold miners follow?

  • While gold prices are already 20% higher than a year ago, after a record-breaking rally, a benchmark gold-mining index is up by just half that.

Read the full story here

07 Jun 2024, 01:34:22 PM IST

Mark To Market Today Live Updates: IRCTC is on right track to spur growth but rich valuation a hurdle

  • IRCTC is seeking long-term contracts and expanding its Rail Neer bottling capacity, projecting significant growth in catering and tourism revenues over the next few years.
  • While IRCTC seems to be making the right moves to drive growth, valuations seem rich against the current backdrop

Read the full story here

07 Jun 2024, 12:44:33 PM IST

Stock Markets Today Live Updates: TDP-related stocks take centerstage after ‘Modi stocks’

  • These stocks have moved up ever since the Telugu Desam Party (TDP) emerged as a key player in the formation of national government.

Read the full story here

07 Jun 2024, 12:42:24 PM IST

Stock Markets Today Live Updates: CarTrade Tech share price target raised on bullish outlook; analysts see 45% upside

  • CarTrade Tech share price surged 6% as JM Financial upped target price to 1,120, foreseeing 45% upside. Brokerage predicts OEM ad spending to outpace auto sector revenue growth in FY25 with supply normalising.

Read the full story here

07 Jun 2024, 12:26:00 PM IST

Stock Markets Today Live Updates: RBI monetary policy effect: Nifty Realty Index rises 1.55%. Shares of Sobha, Oberoi Realty hit record high

  • RBI monetary policy effect: Rate-sensitive Nifty Realty Index surged over 1.55% as RBI kept the repo rate unchanged in its MPC meeting

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07 Jun 2024, 11:57:32 AM IST

Stock Markets Today Live Updates: Meet the ‘degen’ traders fueling the latest meme-stock mania

  • Short for ‘degenerates,’ their risky style of trading has come roaring back in recent weeks. ‘It’s still better than a lottery ticket.’

Read the full story here

07 Jun 2024, 11:52:41 AM IST

Mark To Market Today Live Updates: Chart Beat: FIIs shun Indian equities more than before

  • FII net equity flows as a percentage of India’s total market capitalization over the last ten years have averaged well below 0.5%, much lower than the 2003-07 average of 2.5%.

Read the full story here

07 Jun 2024, 11:23:58 AM IST

Stock Markets Today Live Updates: Is the worst seemingly behind for Indian chemical players?

  • The chemical sector appears to be at the bottom of the cycle, indicating potential recovery ahead, but said it is challenging to predict whether this will take 3 months or 6.

Read the full story here

07 Jun 2024, 11:00:05 AM IST

Stock Market News Today Live Updates: Compuage Infocom, Future Supply Chain Solutions & others hit 52 week low today ;Check the full list here?

  • Following shares hit their 52 week low today - Compuage Infocom, Future Supply Chain Solutions, Morarjee Textiles, Ambica Agarbathies & Aroma, Secur Credentials

Read the full story here

07 Jun 2024, 11:00:04 AM IST

Stock Market News Today Live Updates: Amara Raja Energy & Mobility, Balkrishna Industries & others hit 52 week high today ; Do you own any?

  • Following shares hit their 52 week high today - Amara Raja Energy & Mobility, Balkrishna Industries, Aditya Birla Fashion & Retail, Coromandel International, Uno Minda

Read the full story here

07 Jun 2024, 10:59:37 AM IST

Stock Markets Today Live Updates: TDP leader Chandrababu Naidu's wife earns ₹579 crore in five days from this FMCG stock

  • TDP leader Nara Chandrababu Naidu's wife Nara Bhuvneshwari is leading promoter of this FMCG company

Read the full story here

07 Jun 2024, 10:22:38 AM IST

Stock Markets Today Live Updates: RBI monetary policy: Inflation to growth outlook - 5 key highlights from RBI MPC outcome

  • RBI monetary policy: RBI MPC decided to keep the benchmark repo rate unchanged at 6.5 per cent for the eighth consecutive time on June 7.

Read the full story here

07 Jun 2024, 10:15:53 AM IST

Stock Markets Today Live Updates: RBI monetary policy: MPC keeps FY25 inflation forecast unchanged at 4.5%

  • RBI monetary policy: MPC keeps FY25 inflation forecast unchanged at 4.5%

Read the full story here

07 Jun 2024, 10:15:22 AM IST

Commodity News Today Live Updates: Gold and silver prices today on 07-06-2024: Check latest rates in your city

  • Gold And Silver Prices Today:Gold And Silver Prices Today : 10 gm of 24 carat gold was at Rs.75085.0 in Delhi whereas 1 kg of silver was Rs.90680.0 in Delhi.

Read the full story here

07 Jun 2024, 10:10:34 AM IST

IPO News Today Live Updates: TBI Corn share price makes a bumper debut, stock opens with 110% premium at ₹198 apiece on NSE SME

  • TBI Corn share price opened at 198, which is 110.64% higher than the issue price of 94.

Read the full story here

07 Jun 2024, 10:04:04 AM IST

Commodity News Today Live Updates: Gold price jumps as weak US job data fuels US Fed rate cut buzz. Should you buy?

  • Gold rate today: Gold price today is ascending across world as the US job data released on Thursday is disappointing for the market, say experts

Read the full story here

07 Jun 2024, 10:01:30 AM IST

Stock Markets Today Live Updates: Stock in focus: Rajesh Palviya of Axis Securities recommends Exide, Va Tech Wabag, and Glenmark today

  • Stock in focus: Rajesh Palviya has recommended to buy, hold, and accumulate Exide Industries Ltd, Va Tech Wabag Ltd, and Glenmark Pharmaceuticals Ltd today.

Read the full story here

07 Jun 2024, 09:52:30 AM IST

Stock Markets Today Live Updates: Nifty IT jumps 2%; TCS, Infosys, HCL Tech, Tech Mahindra all in green. Why are IT stocks rising?

  • The Nifty IT index has been in the green for the last three consecutive sessions. Experts say most IT stocks are gaining as investors rotate money and play defensive.

Read the full story here

07 Jun 2024, 09:48:40 AM IST

Stock Markets Today Live Updates: Uno Minda share price flies to a new high as the winning streak continues for the second day

  • Uno Minda share price rose by 24% in two sessions following the agreement with Suzhou Inovance Automotive, enabling production of EV components. The company aims to strengthen its presence in the growing Indian EV market.

Read the full story here

07 Jun 2024, 09:24:21 AM IST

Stock Markets Today Live Updates: PSU stocks frenzy: Madhu Kela comfortable in buying PSU banks, but wary of ‘unsustainable valuations’ in THESE firms

  • Markets will become very selectively going forward. In some pockets valuations have become unsustainable… I am not going to pay at this kind of valuation to buy any story, Kela said.

Read the full story here

07 Jun 2024, 08:59:50 AM IST

Stock Markets Today Live Updates: Stocks to buy or sell: Gulf Oil to Aegis Logistics — Sumeet Bagadia recommends five breakout stocks today

  • Stocks to buy or sell: Sumeet Bagadia has recommended buying these five breakout stocks today — Nava, UNO Minda, KNR Constructions, Aegis Logistics, and Gulf Oil Lubricants

Read the full story here

07 Jun 2024, 08:28:56 AM IST

Stock Markets Today Live Updates: Before Market Opens: 9 essential things to know at 9 am on June 7, 2024

  • Before Market Opens: Indian markets are likely to open on a positive note on Friday extending gains for the third session ahead of RBI monetary policy decision. Meanwhile, Asian markets were mixed. Gift Nifty was also up 27 points. Let's take a look at some key cues before the market opens today:

Read the full story here

07 Jun 2024, 08:03:02 AM IST

Stock Markets Today Live Updates: Stocks to watch: ITC, Bajaj Finance, IRB, Dixon, RVNL

  • Here are a few stocks likely to be in focus on Friday, 7 June:

Read the full story here

07 Jun 2024, 07:30:46 AM IST

Stock Markets Today Live Updates: Stock market today: Trade setup for Nifty 50 to RBI MPC meeting, five stocks to buy or sell on Friday — June 7

  • Stocks to buy today: Experts have recommended buying these five buy or sell stocks — VA Tech Wabag, Infosys, SBI, BHEL, and Bandhan Bank

Read the full story here

07 Jun 2024, 07:27:45 AM IST

Stock Markets Today Live Updates: Nifty 50, Sensex today: What to expect from Indian stock market in trade ahead of RBI policy on June 7

  • The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading flat at around 22,920 level.

Read the full story here

07 Jun 2024, 06:59:24 AM IST

Stock Markets Today Live Updates: Stock market today: Zee Entertainment Enterprises stock on F&O ban list on June 7

  • The NSE has banned trading in Zee Entertainment Enterprises Limited on Friday, June 7, 2024, in the futures and options (F&O) segment as it exceeded 95% of the market-wide position limit (MWPL). The ZEEL stock will be available for trading in the cash market.

Read the full story here

07 Jun 2024, 06:55:42 AM IST

Stock Markets Today Live Updates: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, ECB rate cut to US jobless claims

  • Indian stock market: RBI’s Monetary Policy Committee (MPC) headed by Governor Shaktikanta Das is expected to keep the repo rate unchanged for the eighth consecutive time at 6.5%, while also maintaining the status quo stance of ‘withdrawal of accommodation’.

Read the full story here

07 Jun 2024, 06:52:54 AM IST

Stock Markets Today Live Updates: Dividend stocks: Indian Bank, Himadri Speciality Chemical, ICICI Lombard among 10 stocks to trade ex-dividend today

  • Indian Bank had declared a final dividend of 12.00 per equity share and Himadri Speciality Chemical declared a final dividend of 0.50 per equity share.

Read the full story here

07 Jun 2024, 06:34:13 AM IST

Stock Markets Today Live Updates: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 7

  • Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — JSW Energy, Havells, and JK Cement

Read the full story here

Share Market Today Live Updates June 7, 2024: Gold heads for weekly loss, drops over 2% on strong US jobs report, China data; silver sheds 6% (2024)

FAQs

Why is silver crashing? ›

The price of silver tends to track the performance of the overall stock market and the economy. During economic expansions, silver prices tend to rise along with GDP and markets, while during recessions silver prices generally fall as the economy slows.

Why are precious metal prices falling? ›

Interest rates go up, gold prices go down!

When interest rates rise, government bonds pick up again, attracting investors looking for a safe, long-term investment. These are, of course, the characteristics of investment gold, but unlike these bonds or treasury bills, gold does not pay interest (or dividends).

What is the price of gold and silver today? ›

Gold $2,343.16 $12.67 0.54% ▲ Silver $30.41 $0.79 2.68% ▲ Platinum $995.53 $13.86 1.42% ▲

Why is gold crashing? ›

Conversely, when the supply of gold is high and demand is low, the price will fall. Additionally, other factors like interest rates, inflation, currency value, geopolitical events, and economic conditions can have an impact on gold prices.

What happens to gold in a recession? ›

While the price of the yellow metal has an inversely proportional relationship to inflation rates, gold is less affected by recessions than many commodities. Gold is consistently in demand around the world, so a recession in any one region is unlikely to skew its international value.

Will gold go up in 2024? ›

According to the World Bank, the average price of gold in 2024 will be $2,100.00 per ounce. This forecast is based on the assumption that the conflict in the Middle East could lead to increased global uncertainty and a sharp rise in the cost of the precious metal.

Why will silver skyrocket? ›

Inflation and Its Impact

In scenarios where inflation expectations rise, the allure of silver as an investment could significantly increase, driving its price upward as investors seek to preserve value.

Which precious metal is the best investment right now? ›

Gold: The Timeless Asset

Gold remains the quintessential precious metal investment, revered for its ability to act as a hedge against inflation and a safe haven in times of economic turmoil.

Will silver ever hit $100 an ounce? ›

Silver can rise to $100 /oz, this decade, under exceptional market conditions. The silver price will eventually rise to $100 /oz, but not in 2024 nor 2025. Silver will likely rise to $100 /oz where it will set a major top.

How much will 1 oz of silver be worth in 5 years? ›

Silver Price Predictions for Next 5 years
DateMin forecast priceMax forecast price
01.12.202529.970 USD30.162 USD
01.12.202630.503 USD30.697 USD
01.12.202731.040 USD31.242 USD
01.12.202831.578 USD31.724 USD
2 more rows

How much is 1 oz of gold in today's prices? ›

Gold Spot Price
Gold Spot PricesGold PriceSpot Change
Gold Price Per Ounce$2,302.70 USD- ($3.40) USD
Gold Price Per Gram$74.03 USD- ($0.11) USD
Gold Price Per Kilo$74,033.47 USD- ($109.31) USD
Live Metal Spot Prices (24 Hours) Last Updated: 4/30/2024 6:13:47 PM ET

Why has silver gone down so much? ›

Silver prices fluctuate based on multiple variables, such as supply and demand, geopolitical events, currency strength, economic data, and changes in investment trends. The historical spot price of silver has thus been characterized by high volatility, with significant fluctuations over the decades.

Why is the silver price falling today? ›

Factors that may lead to a decrease in the price of silver include a decrease in demand, an increase in the global supply of silver, an increase in the value of the rupee, and economic stability.

Will silver ever go up again? ›

The price of silver will move to our first bullish target in 2024 which is $34.70. We predict $48 to be hit either by mid-2024 or mid-2025. Silver continues its move higher, in line with our silver price forecast. There is still some more upside potential to our long standing target of $34.70.

Will silver rise if dollar collapses? ›

Unlike fiat money, precious metals maintain intrinsic value, offering a store of value that can weather financial storms. A key factor to consider is the inverse correlation between the value of the dollar and the price of silver. When the dollar weakens, silver prices generally rise.

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