Silver Futures Plummet Rs 4,269 to Rs 2.73 Lakh/kg Due to Weak Global Cues

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Silver Futures Plunge Rs 4,269 Amid Strong Dollar, Geopolitical Tensions

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News18•11-03-2026, 13:30

Silver Futures Plunge Rs 4,269 Amid Strong Dollar, Geopolitical Tensions

•Silver futures dropped Rs 4,269 to Rs 2.73 lakh per kilogram on Wednesday due to weak global cues.
•The plunge is attributed to a strengthening US dollar, which reduces demand for precious metals.
•On the Multi Commodity Exchange, May delivery silver fell 1.54% to Rs 2,73,581 per kg.
•Globally, Comex silver futures also declined by 2.3% to USD 87.55 per ounce.
•Geopolitical tensions in the Middle East, including US-Israel airstrikes on Iran, are creating conflicting market forces for silver.

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