Silver snaps back after record-high whipsaw as India gold, silver prices swing into 2026
India’s silver futures surged 7.59% to 241,458 rupees per kg on MCX Tuesday, rebounding after a steep drop from Monday’s all-time high of 254,174 rupees. Gold futures rose 1.42% to 136,855 rupees per 10 grams. Both metals remain below recent records, with global spot prices also recovering after sharp declines. Supply concerns and policy shifts continue to drive volatility.