Silver price tumbles from record as India’s gold rate drops — experts’ 2026 playbook
NEW DELHI, Jan 4, 2026, 20:05 ET Silver prices have slipped about 13% from a record high and some market watchers see the metal dropping as much as 60% by the end of India’s fiscal 2027, after a surge that has started to squeeze industrial users. Silver hit $82.670 an ounce in the international market on Monday and fell to $71.300 by Friday, a drop of $11.37, Live Hindustan reported. After a 180% jump in 2025, the report said, analysts warned that high prices were pushing end-users to consider substitutes, even as short covering — buying back to close bearish