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Explained: 6 reasons why silver prices crashed by Rs 21,000 per kg in 1 day

Silver prices tumbled Rs 21,000 per kg on MCX after an overheated rally unravelled, driven by easing geopolitical tensions, extreme deviation from key technical levels, and heavy profit-booking. A margin hike, record weekly gains, and a stronger dollar added to the selloff, abruptly halting silver’s meteoric year-to-date surge.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/explained-6-reasons-why-silver-prices-crashed-by-rs-21000-per-kg-in-1-day/126228981
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