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Silver plunges Rs 2 lakh from January highs wiping 2026 gains is now the buying window

Economy
Published on 28 April 2026
Silver plunges Rs 2 lakh from January highs wiping 2026 gains is now the buying window

All 2026 gains vanished as dollar strength bites

Silver prices have fallen nearly Rs 2 lakh from January peaks, wiping out all gains made in 2026. The drop is driven by a stronger US dollar, profit booking, and global risk-off sentiment. Market experts say the correction could create a gradual buying opportunity, supported by ongoing supply deficits and steady industrial demand, even as near-term volatility persists.

  • Silver fell nearly Rs 2 lakh from January highs
  • The move wiped out all 2026 gains
  • Stronger dollar and profit booking fueled the decline
  • Experts see gradual support from demand and supply gaps
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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