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Precious Metal Price Drop: Silver ETFs Decline 6%, Hindustan Zinc Falls 4.5%
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Silver ETFs Plunge 6%, Hindustan Zinc Down 4.5% as Metal Prices Decline Over 4%
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Moneycontrol
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19-03-2026, 13:26
Silver ETFs Plunge 6%, Hindustan Zinc Down 4.5% as Metal Prices Decline Over 4%
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Silver ETFs fell up to 6% on March 19 due to a strong dollar and hawkish Federal Reserve outlook.
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Edelweiss Silver ETF and Axis Silver ETF saw declines of 6.37% and 6.2% respectively.
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Hindustan Zinc shares dropped 4.5% to Rs 513.35 apiece.
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Gold prices also slipped 1.1% after the Fed meeting, with Gold ETFs falling 2.5%-3%.
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Spot gold hit its lowest since February 6, pressured by a stronger dollar and West Asia conflict.
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