Silver prices in Kerala traded lower on Wednesday, May 20, amid continued volatility in global precious metal markets, elevated crude oil prices and geopolitical tensions linked to the ongoing US Iran conflict.
According to the latest rates, silver in Kerala 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 trading session. Silver traded below $75 an ounce as investors reacted to rising inflation concerns, higher energy prices and elevated US Treasury yields.
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 to progress.
The ongoing tensions around the Strait of Hormuz have raised concerns over energy supply disruptions, supporting crude oil prices and adding to inflationary pressure across global markets.
Silver had earlier gained on optimism linked to AI related industrial demand and stronger metal consumption from data centre infrastructure projects. However, recent geopolitical developments have triggered profit booking across precious metals.
Silver rate today in Kerala
| 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 monitoring 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.