Silver Price Plummets: Will it Fall Another 30% by 2026? Experts Warn of Bubble Burst

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News18•01-02-2026, 19:14
Silver Price Plummets: Will it Fall Another 30% by 2026? Experts Warn of Bubble Burst
- •Silver prices crashed post-Budget 2026, hitting a lower circuit on MCX, currently at ₹2,67,900 per kilogram.
- •The current price is approximately 36% lower than silver's previous record high of ₹4,20,048.
- •Speculation about Kevin Warsh's tough stance on inflation as US Federal Reserve chairman strengthened the dollar, pressuring precious metal prices.
- •Chicago Mercantile Exchange increased margin money on gold (6% to 8%) and silver (11% to 15%), pushing small investors out.
- •Analysts predict a further 30% drop, potentially reaching $50 per ounce internationally by June 2026, bringing Indian prices to ₹2 lakh per kg.
Why It Matters: Silver prices have significantly dropped and are predicted to fall further, indicating a potential bubble burst.
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