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

Personal Finance
C
CNBC Awaaz•05-02-2026, 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...





