Silver price crashes over 50% from peak, falls below $60 an ounce; Can MCX silver rate fall below Rs.2,00,000 per kg?
New Delhi, June 25 -- Silver prices extended their losses in international markets on Thursday, falling more than 14% this week and touching a seven-month low amid a broad sell-off in precious metals.
Spot silver price declined 0.70% to $56.99 per ounce, while Comex silver futures dropped 1.68% to $57.11 per ounce. In the previous session, silver prices had plunged 9.1% to an intraday low of $56.41 per ounce, its weakest level since November 2025.
The sharp correction has erased more than half of silver's value from its all-time high of $121.78 per ounce recorded in January 2026. Silver prices are now down approximately 53% from that peak.
The decline in silver has mirrored weakness in gold prices. Gold rate fell below the $4,000-per-o...
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