Yet, a sharp decline followed. On April 20, 2026, silver prices fell by 2.5%. Geopolitical tensions surrounding the US-Iran conflict influenced this drop.

The COMEX silver rate also showed volatility. It was $78.75 per ounce on April 20. Silver has lost around 14% since the beginning of the US-Iran war in late February.

In Ghaziabad, the monthly price trend for April opened at ₹2,76,000 per KG and reached a high of ₹2,96,000 earlier in the month. However, it also dipped to a low of ₹2,49,900.

Prices varied across regions. In Kochi, silver reached its peak at ₹2,80,000 per KG while Tumkur recorded the lowest price at ₹2,75,000 per KG.

This fluctuation highlights how silver prices are influenced by geopolitical conditions and market volatility.

The immediate effects impacted traders and investors alike. Many had anticipated sustained growth following the previous day’s surge.

However, the sudden downturn caught many off guard. Market analysts caution that ongoing geopolitical issues may continue to affect silver prices.

Details remain unconfirmed regarding future trends as the situation evolves. Traders are advised to monitor developments closely.

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