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Silver Prices Drop by ₹2.25 Lakh from Highs
Sentiment: NeutralHigh Priority
What Happened?
Silver prices have seen a significant drop, falling by ₹2.25 lakh per kilogram from their lifetime high. This decline continues into the week, while gold prices remain stable.
Key points
- Silver prices on MCX fell to ₹1,94,662 per kilogram on Monday.
- This marks a decrease of ₹1,057 from the previous closing price of ₹1,95,719.
- In January 2026, silver reached a lifetime high of ₹4,20,048 per kilogram.
- International silver prices have dropped to $53 per ounce, the lowest since November 2025.
- Analysts attribute the decline to a sell-off in equity markets and rising dollar strength.
Key insights
- The significant drop in silver prices could lead to reduced investor confidence in precious metals.
- Continued volatility in silver may prompt traders to reassess their investment strategies.
- The decline in international silver prices indicates broader market trends affecting commodities.
Why it matters
The drop in silver prices may affect investors and traders in the commodity market.
Source
India Today
