Silver Plunges 6% on MCX, Hits Lower Circuit Amid Global Weakness

• Silver prices experienced a sharp 6% decline on the Multi Commodity Exchange (MCX) on Friday, hitting a lower circuit.
• The price of silver fell to approximately 26,025 rupees due to strong selling pressure.
• Market experts attribute the fall to global cues, a stronger dollar, broad commodity market selling, and investor profit-booking.
• Investors are advised to exercise caution and limit investments until market direction becomes clear.
• The sudden decline has put traders and investors on alert, with close monitoring of price movements expected.