Silver crashes 40%, but buyers vanish; 2,000 tonnes could now pile up in India

Sep 4, 2026 - 13:00
Silver crashes 40%, but buyers vanish; 2,000 tonnes could now pile up in India

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Silver prices have fallen steadily over the past seven months, following an extraordinary rally that pushed the metal more than 300% higher year-on-year. In January, silver crossed Rs 4 lakh per kg on the Multi Commodity Exchange for the first time.

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