Gold Silver Explainer
Personal Finance
C
CNBC Awaaz05-02-2026, 20:25

Silver Prices Plunge on MCX: ₹32,000/kg Drop Sparks Investor Concern

  • Silver futures on MCX witnessed a sharp decline of approximately ₹32,000 per kg on Wednesday.
  • The price for March 5, 2026 expiry silver fell to about ₹2,41,119 per kg, a drop of over 10%.
  • The day's trading saw a low of ₹2,36,505 per kg and a high of ₹2,58,096 per kg, with a volume of 12,889 lots.
  • Market experts attribute the fall to a strengthening dollar, rising bond yields, and profit-booking in precious metals.
  • Weak international market signals also contributed to the domestic price drop, with volatility expected in future sessions.

More like this

Loading more articles...