Silver rate today, Feb. 13 -- Silver prices rebounded on Friday, February 13 after 2 sessions of losses as investors bought on dips as stock markets witnessed a major sell-off on AI concerns. Meanwhile, US dollar also remained muted despite stronger than expected US Jobs data released on Wednesday dampened hopes of near-term interest rate cuts.
Silver prices on MCX rose as much as 2.2% to its day's high of Rs.2,41,798 per kg.
In the international markets as well, Spot silver jumped 2.1% to $76.76 per ounce, clawing back part of the sharp 11% plunge seen on Wednesday. The earlier fall had rattled sentiment, but the recovery suggests buyers stepped in at lower levels, betting that the recent correction may have been overdone.
Gold prices...
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