Silver price crashes 51%, plunges Rs 2.24 lakh from record peak! Should you catch this falling knife?

The significant drop in silver prices suggests a broader shift in investor sentiment away from safe-haven assets or a correction after an extended rally. This could impact companies involved in silver mining, refining, or trading.

• •Silver prices have plunged 51% in just two months from record highs.
• •Silver is down 4% for the year 2026, reversing its top-performing asset status.
• •The sharp selloff has triggered heavy losses and prompted investors to cut risk.
• •Risk flag: Potential for short covering rallies due to extreme oversold conditions.
• •Risk flag: Sudden shifts in global economic outlook or geopolitical tensions could reverse the trend.