Silver Prices Plunge ₹19,000 on Year's Last Day; Gold Also Dips Amid Profit-Booking

• Silver prices crashed by approximately ₹19,000 per kg on the last day of the year.
• March 2026 silver futures fell 9% to ₹2,32,228 per kg due to aggressive profit-booking.
• Gold also saw a decline, with MCX prices dropping by ₹782 to ₹1,35,884 per 10 grams.
• The decline follows a strong rally throughout 2025, fueled by geopolitical tensions.
• US Federal Reserve's stance on interest rates in 2026 could further impact precious metal prices.

Why It Matters: Precious metals saw sharp profit-booking on the year's last day after a strong 2025 rally.