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Silver rate today Live: Following the escalation in the US-Venezuela conflict, silver rates today opened with an upside gap in the international market and touched an intraday high of $75.968 per ounce, logging a near 6% intraday gain against the previous close. Following the US attack on Venezuela, the market is anticipating disruptions in silver exports from Peru and Chad, the two largest silver exporters in the global merchandise trade, according to experts.

Following strong global cues, silver rates today on MCX opened with a big upside gap and touched an intraday high of ₹2,49,900 per kg, logging an intraday rise of around 13,500 against Friday's close of ₹2,36,316 per kg.

Experts believe the demand-supply gap is expected to further fuel silver prices, and the white metal may soon reach $78 per ounce. However, they maintained that the probability of a profit trigger at higher levels is also present and advised investors to maintain strict stop-losses and levels that would play a pivotal role in the movement of silver rates today.

Speaking on the outlook of silver rates today, Anuj Gupta, Director at Ya Wealth, said, “Silver price today is in a bull trend as the market is under the fear of demand-supply constraint caused by the US-Venezuela conflict. Following the US attacks on Venezuela, Peru and Chad — two major silver exporters in the global market — may struggle to export the white metal with ease. In that case, demand for the white metal may not be met. Thus market is discounted on that demand-supply gap.”

Anuj Gupta of Ya Wealth said that COMEX silver prices are expected to touch $78 per ounce and there can be some profit-booking around these levels.

In an unprecedented move that stunned the entire world, the United States (US) attacked Venezuela on Saturday morning last week and abducted President Nicolas Maduro. President Donald Trump announced the successful operation on his social media handle, Truth Social, and said, "The United States of America has successfully carried out a large-scale strike against Venezuela and its leader, President Nicolas Maduro, who has been, along with his wife, captured and flown out of the Country. This operation was done in conjunction with U.S. Law Enforcement. Details to follow. …… Thank you for your attention to this matter!”

“COMEX Silver has advanced toward $75.40 after rebounding sharply from year-end lows below $73, which were triggered by margin adjustments and thin liquidity. The metal is trading well above the 20-day EMA at $67.80, keeping the broader uptrend firmly intact. Resistance is now placed in the $76–$80 zone, while medium-term projections for 2026 continue to eye $90–$100, supported by structural demand from renewables, EVs, and technology sectors. Immediate support at $70–$68 offers attractive accumulation opportunities on corrections,” said Ponmudi R of Enrich Money.

Whether silver prices would climb to a new peak in this rally caused by US-Venezuela conflict, Ponmudi R of enrich Money said, “MCX silver rate is sustaining above ₹2,40,000. If it continues to sustain above for few more hours, then we can expect silver rate to touch ₹2,50,000 and ₹2,60,000 in the next few sessions,” said Ponmudi R, CEO at Enrich Money.

“The price structure remains decisively bullish within the rising channel. Recent sessions formed an inside-harami consolidation pattern, indicating controlled consolidation after a strong up-move. Strong support is placed in the ₹2,30,000 to ₹2,23,000 range. A sustained hold above ₹2,40,000 could trigger an accelerated move toward ₹2,50,000 to ₹2,60,000,” said Ponmudi R of Enrich Money.

“COMEX Silver continues to trade firmly within its ascending channel, displaying strong momentum and a series of higher lows. Immediate support lies at $70–$68, while sustained strength could open the path toward $75–$80. Structural supply constraints and accelerating demand from green-energy segments continue to underpin silver’s bull phase, with corrections expected to remain shallow and well-supported,” said Ponmudi R, CEO at Enrich Money.

As reported by Reuters, silver was propelled to fresh highs by its designation as a critical U.S. mineral, supply constraints amid rising industrial and investment demand.

Following strong global cues, silver rates today on MCX opened with big upside gap and touched an intraday high of ₹2,49,900 per kg, logging around intraday rise of around 13,500 against the Friday's close of ₹2,36,316 per kg.

Asked about the silver price top, Amit Goel of Pace 360 said, “No one can time the market but silver price may top out in February if it breaches the current high of $82.670. In case of a new high, silver prices may top out around $100 per ounce levels.”

“The white metal has either made its top when it hit $82.670 per ounce high last week, or it may hit a new high in current US-Venezuela crisis as various exchanges have started raising margin money for traders. This is expected to cap silver price rally as it happened in 1980, when Hunt Brothers repoprtedly accumulated narly one-third of the global silver,” said Amit Goel of Pace 360.

“Various exchanges are expected to raise margin money as CDE did last week. In that case, marginal investors are expected to remain silent in this rally or they may not wait for long and book profit at small gains,” said Amit Goel of Pace 360.

"The US-Venezuela crisis has jeopardised the sea route that Peru and Chad — the world's biggest silver exporters — use for their silver export. This is expected to create demand-supply constraignt for silver in the global market. Similarly, gold prices would also rise on Monday,", said Sandeep Pandey, Co-founder of Basav Capital.

In an unprecedented move that stunned the entire world, the United States (US) attacked Venezuela on Saturday morning last week and abducted President Nicolas Maduro.

After climbing to an intraday high of $75.968 per ounce, COMEX silver price came under the profit-booking pressure and slipped below $75. Currently, COMEX silver price is quoting 74.600 per ounce.

Expecting the white metal move on both side, Amit Goel, Chief Global Strategist at Pace 360, said, “Due to the rise in the white metal at an alarming level, exchanges are expected to raise margin money, which we saw last week when CDE (Chicago Derivative Exchange) raised margin money for silver by 25%. So, I am expecting white metal movement both ways and investors are expected to book profit at short targets.”

Anuj Gupta of Ya Wealth said that silver rate today has immediate support placed at ₹2,32,000 per kg levels whereas the white metal has crucial support placed at 2,20,000 per kg levles. On the upper side, MCX silve rate has immediate hurdle placed at 2,40,000 kg levels. If the profit-bookin g doesn't trigger arouond this level, then the white metal may try to test ₹2,45,000 per kg levels.

“Silver prices are expected to gain momentum across globe and MCX won't be an exception during the opening bell on Monday. MCX silver rates may have a gap-up opening on Monday and the white metal may try to test ₹2,45,000 per kg level during the intraday trade,” said Anuj Gupta, Director at Ya Wealth.

“COMEX silver price has broken the immediate resistance placed at $75 and has been sustaining above this for the last one hour. This means bulls are not in the mood to book profit at this level. So, the white metal may try to test $78 per ounce levels if the profit-booking doesn't trigger soon. The immediate support for the COMEX silver price today is placed at $72 per ounce. The broader range of silver rate today is $72 to $78,” said Anuj Gupta of Ya Wealth.

Speaking on the outlook of silver rates today, Anuj Gupta, Director at Ya Wealth, said, “Silver price today is in a bull trend as the market is under the fear of demand-supply constraint caused by the US-Venezuela conflict. Following the US attacks on Venezuela, Peru and Chad — two major silver exporters in the global market — may struggle to export the white metal with ease. In that case, demand for the white metal may not be met. Thus market is discounted on that demand-supply gap.”

After hitting an intraday high of $75.968 per ounce, the white metal came close to its record high of 82.670, which it had made on Monday last week.

Silver rate today opened upside in the international market and touched an intraday high of $75.968 per ounce

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