Commodities

MCX Silver Futures Plummet to Rs 2.18 Lakh/kg Amid Participant Sell-Off

Guavy AI Editorial Team Published July 24, 2026

Instruments

Silver

Silver futures on the Multi Commodity Exchange (MCX) took a hit on July 24, declining by Rs 508 to Rs 2.18 lakh per kg due to a sell-off by participants.

The decrease was partly attributed to global prices also falling, with silver trading 0.23% lower at USD 57.46 per ounce in New York.

Analysts pointed out that the main contributor to the decline in silver prices was the sell-off by participants.

The Wire

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