Silver prices slide below Rs 2 lakh/kg, down nearly 55% from Jan peak. What’s behind the rapid selloff?

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• Economic TimesLean R·1h ago

  Silver prices slide below Rs 2 lakh/kg, down nearly 55% from Jan peak. What’s behind the rapid selloff?

  MCX silver prices fell below Rs 2 lakh per kg after a sharp two-day decline, as a stronger dollar, elevated bond yields and hawkish US Federal Reserve expectations weighed on sentiment. Fresh import permits and industrial demand remain key factors for the outlook.

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