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Silver Price Crash: Big fall in silver prices, silver becomes cheaper by about ₹ 1.90 lakh from record high
Sandy Verma | June 1, 2026 12:24 AM CST

Last week was full of ups and downs for those investing in gold and silver. Especially there has been a tremendous fall in the prices of silver. Silver prices have fallen by thousands of rupees in just four trading days. At the same time, a slight softening has been recorded in the prices of gold. Let us know how much the prices of silver and gold have changed.

Big fall in silver prices

Last week, there was a huge fall in silver prices on Multi Commodity Exchange (MCX). Silver became cheaper by about ₹ 4,846 per kg in four days of trading. At the end of the week, the future price of silver closed at ₹2,71,846 per kg. It is clear from this that at present there is selling pressure on silver in the market and the concern of investors has increased.

Silver fell by more than ₹ 1.90 lakh from record high

In January 2026, silver created history and crossed the mark of ₹ 4 lakh per kg for the first time. During that time the price of silver on MCX had reached ₹ 4,57,328 per kg. But now the situation has completely changed. If we compare the current price, silver has become cheaper by about ₹ 1,90,328 per kg from its all-time high. This decline is being considered a big blow for investors.

Silver prices soften in domestic market also

According to the data of Indian Bullion Jewelers Association (IBJA), a decline in silver prices has been recorded in the domestic market also. While last week the price of 1 kg silver was ₹ 2,66,000, now it has come down to ₹ 2,63,350 per kg. That means common customers are also getting relief in buying silver. This can be good news for those doing wedding and festival shopping.

Gold prices also showed softness

Not only silver, there was a slight weakness in the prices of gold also last week. The price of 24 carat gold on MCX was ₹ 1,61,320 per 10 grams on May 22, which came down to ₹ 1,61,049 per 10 grams by the end of the week. Although the decline is not much, investors seem cautious due to continuous fluctuations.

What is the signal for investors?

Market experts believe that due to international economic conditions, movement of the dollar and changes in global demand, there is pressure on gold and silver prices. Investors who had bought at higher levels may have to face losses at the moment. However, for long-term investors this decline can also prove to be a good buying opportunity. In the coming days, the direction of the global market will decide whether gold and silver will rise again or continue their decline.

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