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NSE:AXISSIL 5 February 2026

Silver ETFs crash 21% as MCX silver drops 10% in India, gold whipsaws on dollar and Fed nerves

Silver ETFs crash 21% as MCX silver drops 10% in India, gold whipsaws on dollar and Fed nerves

Silver futures on India’s MCX fell 10% Thursday, with March contracts down Rs 26,850 to Rs 2,42,000 per kg. MCX Clearing Corporation raised margins to 4.5% for silver and 1% for gold, with more hikes expected Friday. Silver ETFs in India dropped up to 21%, while global spot silver plunged 9.3% to $79.88 an ounce. Gold futures and ETFs also declined amid a stronger dollar and weak industrial demand.
5 February 2026
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Stock Market Today

  • Micron Stock Gains Following SK Hynix Deal with Nvidia
    June 8, 2026, 6:50 PM EDT. Micron Technology shares rebounded Monday after a sharp decline the prior week, buoyed by competitor SK Hynix's new agreement with Nvidia. The deal signals strong demand in the semiconductor sector, potentially benefiting Micron as market sentiment improves. Investors are watching chipmakers closely amid fluctuating demand and supply chain dynamics.

Latest articles

T1 Energy Shares Dip After KORE Power Files New Update

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T1 Energy shares slid 3.2% to $9.13 after a new SEC filing revealed up to $24.7 million in stock-linked payments for its $32 million KORE Power acquisition, spotlighting dilution risks as the company expands into battery storage and data-center power; the deal’s structure and timing come as T1 seeks growth funding and investors weigh near-term costs against future EBITDA targets.
OpenAI IPO filing puts AI rally at center stage for Wall Street

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9 June 2026
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9 June 2026
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UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

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