MCX silver futures have plummeted nearly 40% from their January record high, driven by a combination of demand destruction, macroeconomic concerns, and a recent 15% import duty hike in India. The white metal's industrial demand sensitivity and shifting investor sentiment are key factors in its sharp correction.

Gold fell Rs 3,200 and silver plunged Rs 21,600 in Delhi bullion markets amid a stronger US dollar and heavy investor profit-booking.

Indias move to restrict silver imports and raise duties is expected to push up domestic prices by increasing premiums over global benchmarks. While global prices may remain…

MCX silver futures have plummeted nearly 40% from their January record high, driven by a combination of demand destruction, macroeconomic concerns, and a recent 15% import duty…

Hindustan Zinc shares fell as silver prices crashed sharply on Multi Commodity Exchange of India. MCX silver plunged over Rs 5,000 per kg in a day and has corrected nearly 13%…

Indian silver import curbs create supply concerns, boosting ETF demand while prices adjust to new regulations and market dynamics.