Gold Silver Rate Today Live Updates: Ponmudi R, CEO of Enrich Money on MCX Silver
MCX Silver opened with a sharp gap-up, supported by safe-haven demand and strength in industrial metals. Prices are currently hovering around ₹2,42,000–₹2,45,000, with elevated volatility and improving participation. Resistance is placed at ₹2,45,000, and a breakout could push prices toward ₹2,47,000–₹2,50,000. On the downside, a decisive break below ₹2,40,000 may accelerate selling toward the ₹2,36,000–₹2,34,000 range. The overall bias remains positive.