Silver price is scaling to the highest in history; gold price is slightly lower
The silver price at the meeting on Thursday (June 5, 2025) scaled to its highest trade at an all-time high to Rs 1,04,947 per 10 grams. At about 3:37 pm, the price of silver rose by 2.71% or Rs 2,745, Rs 1,04,125 per kilogram. Meanwhile, July futures traded at 0.04%, or Rs 42, Rs 97,220 per 10 grams.
First, the global uncertainty of tariffs and technical clues has elevated the silver medal to its historical height today.
Rahul Kalantri of Mehta Equities Ltd. said: “With economic uncertainty and increasing U.S. data, prices of gold and silver, including contractions in the services sector, and the slowest growth in private jobs since March 2023, is the slowest rate of tax since the year at least promoted this rate of slowdown. It is an expectation of the rate of failure. Continuously increasing speed. Especially in the midst of constant trade tensions, with new tariffs and faltering our China negotiations.
International gold and silver prices
Internationally, on-site gold traded 0.74% at $3,398 per ounce, while gold futures rose 0.68% to $3,422 per ounce. Meanwhile, the live international silver medal rose 3.4% to $35.73, while silver futures rose 3.77% to $35.97 an ounce.
Gold’s support and resistance
Gold supports $3340-3315, while resistances are $3395-3420. Silver supports $34.25-33.90, while resistors are $34.70-34.95. In the Indian international exchange rate, gold supports 97,120-96,800 rupees while resistance is 97,750-97,940 rupees. Silver has support at Rs 100,160-99,350 while resistance is Rs 1,01,950-1,02,750.
