Silver Rate Today, March 20, 2026: Weekly decline continues on MCX amid inflation worries | City-wise rates – Delhi, Mumbai, Kolkata, Chennai, Patna - ET Now

Precious metals like silver often act as an inflation hedge, but persistent inflation worries can sometimes lead to selling pressure if interest rates are expected to rise, increasing the opportunity cost of holding non-yielding assets. The Indian commodity market is sensitive to global cues and domestic economic outlook.

• •Silver rates continued their weekly decline on MCX as of March 20, 2026.
• •Inflation worries are cited as a primary reason for the decline.
• •A slight recovery was observed due to a soft dollar, but the overall trend remained negative for the week.
• •Risk flag: Sudden weakening of the US Dollar could provide temporary support to silver prices.
• •Risk flag: Geopolitical tensions or unexpected economic downturns could increase safe-haven demand for silver.