Silver Prices Plummet: Is the Dream Run Over for Investors?

• Silver prices on MCX saw a 3.2% rise today after a significant 2% fall (Rs. 4,685) in the previous session.
• To reach its all-time record of Rs. 4,20,000, silver needs a massive 75% increase from current levels.
• Increased industrial demand from solar panels, EVs, and electronics offers some support, but mine supply is down.
• Experts are divided: some see potential for recovery, while others like Pranav Mer of JM Financial do not expect a massive increase.
• A strong dollar and potential US Fed interest rate decisions could further hinder silver price recovery; investors advised caution.