Silver Price Today :As of 20 August 2025, 3:00 PM IST, the daily chart of Silver (MCX) shows the current market price around ₹110,367/kg. The price is testing a key support zone and traders are closely watching whether it holds or breaks.
Silver Daily Chart Analysis
The Stochastic RSI is near 16.78, which indicates an oversold condition – meaning downside may be limited in the short term and a bounce could happen soon.
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Strong Support & Resistance Levels
| Type | Price Zone (₹/kg) | View |
|---|---|---|
| Immediate Support | 110,000 – 109,800 (EMA 50) | Strong support – Buy on dips |
| Next Support | 106,000 – 105,800 (EMA 100) | If 110k breaks, next major support |
| Long-term Support | 100,300 (EMA 200) | Strong base for long-term bulls |
| Resistance 1 | 112,600 (EMA 20) | First hurdle on upside |
| Resistance 2 | 114,000 – 114,500 | Strong resistance zone |
| Major Resistance | 116,500+ | Extended bullish target |
Trading Strategy (20 Aug 2025)
For Positional Traders
- Buy Zone: ₹110,000 – ₹109,800
- Stop Loss: ₹109,500
- Upside Targets: ₹112,600 → ₹114,000 → ₹114,500
For Aggressive Buying (If Support Breaks)
- Buy Zone: ₹106,200 – ₹105,800
- Stop Loss: ₹105,400
- Targets: ₹109,500 → ₹112,000
For Sellers (Only if Breakdown Below 109,500)
- Entry: Below ₹109,500
- Stop Loss: ₹110,200
- Downside Targets: ₹106,000 → ₹105,000
Conclusion
On 20 August 2025, Silver (MCX) remains in a bullish long-term trend but is under short-term correction. The ₹110,000 support zone is very crucial – if it holds, silver may bounce toward ₹112,600 and above. If it breaks, expect a slide to ₹106,000 before fresh buying emerges.
👉 In simple words: Buy near support with strict stop-loss. Avoid chasing highs.
❓ FAQ – Silver Price Today (Rank Math SEO)
Q1. Is silver a good buy today (20 Aug 2025)?
Yes, silver is a buy near ₹110,000 – ₹109,800 support zone with strict stop-loss at ₹109,500. Upside targets are ₹112,600 and ₹114,000.
Q2. What is the strong support level for silver today?
The strong support level for silver today is at ₹110,000 – ₹109,800. If this breaks, the next support is ₹106,000.
Q3. What is the resistance level for silver today?
The first resistance for silver is ₹112,600 (EMA 20), followed by ₹114,000 – ₹114,500.
Q4. What is the downside risk in silver?
If silver falls below ₹109,500, it may slide toward ₹106,000 – ₹105,800 in the short term.
Q5. What is the long-term outlook for silver?
As long as silver stays above ₹100,300 (EMA 200), the long-term outlook remains bullish with potential upside targets above ₹116,500.
👉 For live prices, check MCX India or Investing.com Gold Rates.