Negative impactCommodity
Silver hits 11-month low of ₹1.95 lakh as crude stokes inflation fears
Economic Times 12 hrs ago·23 Oct 2026, 6:03 pm
Silver futures on the Multi Commodity Exchange slid to an 11‑month low, trading around ₹1.92 lakh per kilogram, a drop of roughly 3.4% in a single session and more than 14% over the last ten days.
The decline mirrors rising inflation worries as higher crude‑oil prices feed into overall price pressures, while a stronger rupee has only partially offset the slump in global silver values. For MCX participants, tighter margins and weaker demand for precious‑metal contracts could follow.
Investors should watch crude‑oil price movements, any further rupee appreciation, and upcoming international silver price data. Domestic policy cues on inflation and potential changes in import duties may also influence the next price swing.
Excerpt from Economic Times
Silver hits 11-month low of ₹1.95 lakh as crude stokes inflation fears Silver hits 11-month low of ₹1.95 lakh as crude stokes inflation fears On the Multi Commodity Exchange (MCX), silver futures fell ₹6,799 per kg, or 3.4%, to ₹1,92,800 per kg on Friday. Prices have plunged ₹32,955, or more than 14%, over the past 10…Read the original at Economic Times
Affected stocks
Bearish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Multi Commodity Exchange of India (MCX).
- Category: Commodity.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Multi Commodity Exchange of India worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
