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Apr 17, 2026 - 06:28 AM
Silver has seen a significant jump this morning, priced at $81.55 per ounce ($2,621.85 per kilo) as of 9:00 AM ET. This is a robust 1.96% gain over yesterday’s $79.98 spot price. The primary catalyst is the Indian government’s formal authorization for 15 banks to resume bullion imports through 2029. This move effectively clears a massive backlog of silver stuck at customs, signaling a surge in physical demand from one of the world's largest silver consumers.
