Why Silver Prices Are Crashing Ahead Of Dhanteras And Diwali? Check Rates In India, 15-Day Trend And List Of Factors Behind - Jagran Josh

AI desk brief

Silver is under pressure ahead of Dhanteras and Diwali, with the article saying global prices have fallen below the psychological $50/oz level and MCX futures have dropped sharply from this year’s high. Indian retail silver is quoted at ₹1,99,900/kg across major cities, but festive buying is being overwhelmed by hawkish monetary policy, a stronger US dollar, and aggressive speculative selling.

The piece also points to energy-driven inflation concerns and higher-for-longer Fed rates as key headwinds, while noting that industrial demand shifts are contributing to the selloff. Overall, it frames the current move as a macro-led correction rather than a collapse in seasonal physical demand.