Silver Prices Plunge on MCX Amid Participant Sell-Off
Silver prices on the Multi Commodity Exchange (MCX) declined sharply on August 25, falling by Rs 903 to Rs 2.43 lakh per kg for September delivery.
The decline was attributed to a sell-off by participants, who reduced their bets on silver futures.
On the MCX, silver contracts for September delivery dropped by 0.37% in a business turnover of 1,702 lots.