Silver Prices Drop Below ₹2 Lakh on Multi Commodity Exchange

Silver prices on the Multi Commodity Exchange fell below ₹2 lakh per kilogram for the first time since December 2025, dropping to ₹1,92,800 per kg on Friday.

The white metal has declined 22.5 percent from its August peak due to surging crude oil prices, inflation concerns, and tighter US monetary policy expectations.

Analysts suggest the correction may create an accumulation zone for medium-term investors, though short-term volatility persists based on upcoming inflation data.