Custom hike duty impact gone from silver! 3 reasons why gold’s poor cousin is down by Rs 33,000

Silver prices tumbled up to Rs 17,500 on the MCX, slipping below pre-duty hike levels as demand weakened at elevated prices and industrial sentiment softened. A sharp import duty jump, global growth concerns, and fading safe-haven buying have erased all post-hike gains, pushing silver into a highly volatile phase.