Silver Rate Today, June 18: Price falls; check how much you have to pay for 1 kg 999 silver

Silver price in the Indian retail market declined today (June 18, 2026). According to GoodReturns.in, silver price has decreased by ₹5000 to ₹2,60,000 per kg.

Over the past 10 days, prices are hovering between ₹2,60,000-₹2,65,000 per kg.

Factors influencing silver rates

Silver prices on the MCX have taken a sharp hit after the US Federal Reserve held interest rate steady even as inflation remained at elevated levels.

Policymakers noted that economic activity remains solid, supported by steady job growth, though inflation continues to run above the central bank’s 2% target amid elevated uncertainty linked to the Middle East conflict.

The drag has been seen even as the US-Iran deal has been signed.

Primarily, amid inflationary concerns, the US Fed has hinted at future rate hike possibilities and this has dented the sentiment in bullion.

Also, after the interest rate decision, the dollar index has climbed and weighed on dollar-priced metals, including silver.

Silver after the recent volatility is expected to move lower.