Silver Plummets 45% in 7 Days: Is This a Buying Opportunity?

Personal Finance
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CNBC Awaaz•06-02-2026, 15:59
Silver Plummets 45% in 7 Days: Is This a Buying Opportunity?
- •Silver experiences heavy sell-off, wiping out 2026 gains and entering negative territory.
- •MCX March delivery silver futures fell by ₹14,628 per kg to ₹2,29,187 intra-day.
- •Silver has dropped 45.6% from its peak in just seven trading sessions, double gold's decline.
- •Experts attribute the sharp correction to a small market, strong dollar, and cooling global risk sentiment.
- •Analysts advise against panic, suggesting gradual investment as industrial demand remains strong.
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