BusinessPhoto: News18Hi BusinessSilver Price Drops Sharply to ₹1.92 Lakh per Kg on October 27
On October 27, silver prices experienced a sharp decline. By 4 PM, the Multi Commodity Exchange (MCX) silver rate fell below ₹2 lakh, reaching ₹1,92,800 per kilogram. Internationally, silver prices dropped significantly, falling below $53 per ounce to $52.76. This sudden fall has raised concerns about whether the silver price will stabilize or continue to decline further.
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