Custom hike duty impact gone from silver! 3 reasons why gold's poor cousin is down by Rs 33,000
- Posted on May 15, 2026
- By Business News Today
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- 1 min read
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.
