Today, February 16, silver rates (silver prices) in India hit a fresh monthly low, with the retail rate dropping to INR 2,74,900 per kg. The metal has plunged over 21 per cent since its February 1 peak of INR 3.50 lakh due to aggressive profit-booking and a strong US Dollar. While Chennai retains a small premium at INR 2,79,900, most major cities align with the national downtrend.
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