Silver Rate on June 5, 2026: Prices fall by ₹5000/kg; check 999 silver rate across major cities

After remaining steady for the past six days, silver prices have fallen in the retail market today (June 5, 2026). According to Goodreturns.in, the precious white metal at around 10: 45 am quoted at ₹2.75 lakh per kg, down ₹5000 per kg of silver.

On the India Bullion and Jewellers Association (IBJA) website, silver 999 today quoted at ₹2,61,088 in the evening session on the previous day.

Factors influencing silver rate today

Silver prices on the MCX, in tandem with the international price movement, were sharply down today. At around 10:50 am (IST), silver July futures traded weak by 1.66% or ₹4,388 at ₹2,60,408 per kg, Internationally, silver July futures were down by 1.4% at $72.93 per ounce.

The drag in the white metal came amid escalation in the West Asia crisis after Iran-backed Hezbollah refused a ceasefire in Lebanon, undermining US President Donald Trump's efforts to end the war with Iran.

The prolonged disruption to energy flows via the Strait of Hormuz has raised concerns over global inflation, making central banks more likely to keep interest rates steady or even raise them, a headwind for precious metals that don’t pay interest.