Silver hits 11-month low (File Photo)
\n\nSilver prices have extended their decline, with the white metal slipping below Rs 2 lakh per kg on the Multi Commodity Exchange (MCX) as weakening industrial demand and elevated interest rates weigh on the market. On Friday, the domestic silver rate was trading near Rs 1,95,000 per kg, down nearly Rs 4,500 during the session.
\n\nThe latest correction has pushed silver to an 11-month low in both domestic and international markets. From its all-time high of Rs 4,20,048 per kg, recorded on the MCX on January 29, 2026, the metal has lost approximately 53.5 per cent of its value.
\n\nThe sharp decline follows warnings from market experts that silver could witness a substantial correction after its record-breaking rally. LiveMint Digital reported on January 4, 2026, that prices could peak in February and subsequently fall by around 60 per cent over the following 12 to 18 months.
\n\nDespite the steep fall, some market analysts believe silver could recover by the end of 2026, provided interest-rate expectations, industrial consumption and global market conditions become more favourable.
\n\nSilver prices are facing pressure from concerns over sluggish industrial demand and the possibility of interest rates remaining elevated. Market…
Original source: https://www.timesnownews.com/business-economy
