Silver prices in Bangalore traded lower on Wednesday, May 20, amid continued volatility in global commodity markets, rising crude oil prices and geopolitical tensions linked to the ongoing US Iran conflict.
According to the latest market rates, silver in Bangalore was priced at Rs 280 per 10 gram, Rs 28,000 per 100 gram and Rs 2,80,000 per kilogram.
International silver prices remained under pressure after falling sharply in the previous session. Silver traded below $75 an ounce as investors assessed inflation risks, higher global bond yields and expectations that interest rates may remain elevated for longer.
Market sentiment also stayed cautious after US President Donald Trump warned that the United States could resume strikes on Iran within days if peace negotiations fail.
The ongoing tensions in West Asia and disruptions around the Strait of Hormuz have supported crude oil prices, increasing concerns around global inflation and economic uncertainty.
Silver had earlier gained on optimism linked to AI driven demand and stronger consumption from data centre infrastructure related sectors. However, recent geopolitical developments have led to profit booking across precious metals.
Silver rate today in Bangalore
| Quantity | Today Price |
|---|---|
| 10 gram | Rs 2,800 |
| 100 gram | Rs 28,000 |
| 1 kilogram | Rs 2,80,000 |
Silver price movement today
| Quantity | Today | Yesterday | Change |
|---|---|---|---|
| 1 gram | Rs 280 | Rs 285 | – Rs 5 |
| 10 gram | Rs 2,800 | Rs 2,850 | – Rs 50 |
| 100 gram | Rs 28,000 | Rs 28,500 | – Rs 500 |
| 1 kilogram | Rs 2,80,000 | Rs 2,85,000 | – Rs 5,000 |
Why silver prices are falling today
Silver prices are reacting to rising crude oil prices, inflation concerns and higher US Treasury yields.
Analysts said persistent geopolitical tensions and expectations of elevated interest rates globally have increased volatility in commodity markets, putting pressure on precious metals including silver.
Investors are also tracking developments related to the US Federal Reserve, crude oil prices and geopolitical updates for further direction in silver prices.
Disclaimer: Silver prices mentioned above are indicative and may vary across cities and jewellers due to local taxes and other charges.