Silver rate today, Dec. 16 -- Silver prices in India slipped on Tuesday, with MCX Silver trading at Rs.199.10 per gram and Rs.1,99,100 per kilogram, as investors turned cautious ahead of key US jobs and inflation data that could shape the Federal Reserve's policy outlook going into 2026. The metal fell from Rs.2,03,000 per kg in the previous MCX session but continues to hold a firm bullish undertone amid an exceptional year for industrial and investment demand.

Spot silver declined 1.7% to $62.88 an ounce, retreating from Friday's record high of $64.65, while on MCX, prices recently reclaimed the crucial Rs.2 lakh per kg mark, boosted by strong global cues and a weaker rupee. Year to date, silver has surged 121%, supported by tightening ...