Bearish Risk: Silver Crashes 51% from Peak; TITAN, MMTC, HINDZINC Under Pressure

Silver prices have plummeted by 51% from their all-time highs in just two months, marking a significant reversal from its earlier strong performance. This sharp correction has led to substantial losses for investors and prompted a risk-off sentiment in the precious metals market.

This dramatic fall in silver prices is significant for Indian markets as it reflects a broader shift in global commodity sentiment and investor appetite for safe-haven assets. It could signal reduced inflationary expectations or a stronger dollar, impacting various sectors from jewellery to mining and potentially influencing FII flows.

Companies like Titan Company Ltd (TITAN), which has exposure to precious metals through its jewellery business, could see negative impacts on inventory valuation and consumer demand for silver articles. MMTC Ltd (MMTC), a major metals trader, will likely face reduced trading margins. Hindustan Zinc Ltd (HINDZINC), a silver producer, will see a direct hit to its by-product revenue.

Traders should monitor global economic indicators, particularly inflation data and interest rate expectations, as these heavily influence precious metal prices. Watch for any signs of stabilization in silver prices or further downside momentum, and observe the INR's movement against the USD, which can also affect domestic metal prices.

• •Silver prices have crashed 51% from record peaks.
• •The metal is down 4% for the year 2026.
• •The sharp reversal has led to heavy losses and prompted investors to cut risk.