New Delhi, Feb. 6 -- The ongoing sell-off in silver prices deepened in Friday's session, as investors continued to dump the white metal aggressively, causing it to erase all of its early-2026 gains. Silver prices traded in the negative territory for the year.

The March delivery futures contract on MCX fell another Rs.14,628 per kilogram to an intraday low of Rs.2,29,187 and is testing this week's low of Rs.2,25,805. This took the week-to-date decline to Rs.27,852, or 10.52%, adding to last week's fall of Rs.28,453 per kilogram.

Silver, which had enjoyed a record-breaking rally until January 2026, with prices surging past Rs.4.20 lakh per kilogram on optimism around its dual appeal as a safe haven and an industrial metal, is now struggli...