The Economic Times

Silver crashes 25%, worst in 15 years. What drove turmoil and whats next for investors?

Silver experienced a dramatic 25% plunge on MCX, falling from a record high of Rs 4 lakh to Rs 2.91 lakh per kg. This sharp reversal followed a strong rally, with a stronger US dollar, gold's decline, and profit booking cited as key factors. Despite the correction, silver's industrial demand and supply deficits suggest potential for future gains.