Silver futures drop to ₹2.5 lakh/kg as participant sell-off pressures prices, analysts report.

Strong overseas cues and geopolitical uncertainty lift the white metal

Silver prices fall 1% to ₹2.63 lakh/kg due to weak global trends and rising inflation concerns amid US-Iran tensions.

On the MCX, the white metal for July delivery depreciated by ₹621, or 0.24%, to ₹2,62,337 per kg in a business turnover of 11,830 lots.

Gold futures fell to ₹1,58,011 per 10 grams, driven by weak global demand and lower spot prices.