Explained: 6 reasons why silver prices crashed by Rs 21,000 per kg in 1 day

December 29, 2025

Silver prices tumbled Rs 21,000 per kg on MCX after an overheated rally unravelled, driven by easing geopolitical tensions, extreme deviation from key technical levels, and heavy profit-booking. A margin hike, record weekly gains, and a stronger dollar added to the selloff, abruptly halting silver’s meteoric year-to-date surge.

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