05 Feb 2026 | 3 Mins Read
Silver prices plummet 8% on MCX amid global rate collapse
Flipitmoney
Silver prices on MCX are down 9% to ₹2,44,654 per kilo, following global spot price collapse. Prices initially opened 6% lower, plummeting ₹24,196 within minutes. Silver ETFs trade with 13-15% losses, while global spot prices drop over 13%. Gold ETFs in India decline 4-6% amid sharp market fluctuations.