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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

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 Times
