Silver Price Crash Warning: Major Bank Bets on 50% Drop; What it Means for Buyers

Personal Finance
C
CNBC Awaaz•08-01-2026, 15:40
Silver Price Crash Warning: Major Bank Bets on 50% Drop; What it Means for Buyers
- •MCX silver dropped by ₹9,000/kg and gold by ₹1370/10g, with silver unable to sustain above $80.
- •TD Securities' Daniel shorted March silver futures at $78/ounce, targeting a fall to $40 within 3 months.
- •A potential 13% Comex silver market open interest sell-off due to index rebalancing could push prices down.
- •Clarity on US tariffs (Trump administration) could release large quantities of silver into the global market, increasing supply pressure.
- •Retail buyers are advised to exercise patience and not rush into purchases, despite the predicted drop, due to market volatility.
Why It Matters: Silver faces potential halving in price due to major bank's short bet and market factors; buyers urged caution.
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