Silver futures retreat from record peaks

Silver prices retreated from the record levels, declining by Rs 751 to Rs 2,06,684 per kg in the futures trade, as traders booked profits amid weak global cues. Silver futures for March 2026 delivery depreciated by Rs 751, or 0.36 per cent, to Rs 2,06,684 per kg. Silver prices had zoomed by Rs 10,078, or 5.10 per cent, to hit a record high of Rs 2,07,833 per kg in the previous session.

Gold prices also eased, with the February contract of the metal falling by Rs 580, or 0.43 per cent, to Rs 1,34,314 per 10 grams. Analysts said precious metals retreated due to weak global cues. In international markets, Comex gold futures for February delivery dropped by $12.6, or 0.29 per cent, to $4,361.3 per ounce. Silver futures for March 2026 delivery fell by $1.18, or 1.76 per cent, to $65.72 per ounce.