Markets▼ Negative
Silver prices slide below Rs 2 lakh/kg, down nearly 55% from Jan peak. What’s behind the rapid selloff?
Indian markets moved lower.
· Economic Times Markets
MCX silver prices fell below Rs 2 lakh per kg after a sharp two-day decline, as a stronger dollar, elevated bond yields and hawkish US Federal Reserve expectations weighed on sentiment. Fresh import permits and industrial demand remain key factors for the outlook.
Market context
- The immediate tone of coverage reads negative.