MCX Silver Crashes 45% From Peak: Is It Time to Buy? Experts Analyze Price Fall

• MCX Silver prices have plummeted over 45% from their all-time high of Rs 4,20,000 recorded on January 29.
• Experts advise against panic, stating that sharp ups and downs are normal for silver, and investors should not chase prices or react to daily moves.
• The correction is attributed to silver running up too fast, a stronger dollar, and cooling global risk appetite, prompting investors to cut exposure to volatile assets.
• Silver ETFs, including Kotak Silver ETF, HDFC Silver ETF, SBI Silver ETF, and Edelweiss Silver ETF, saw significant declines, with some falling as much as 10%.
• For long-term investors, experts suggest patience and discipline, recommending staggered buying rather than lump-sum investing during this volatile phase.