New Delhi: After the strong rise in silver prices, it is now falling steadily downwards. With this, the luster of the silver ETF has also faded. Until recently, silver prices were skyrocketing, but now it is witnessing a sharp decline. Since October 15, the silver ETF has decreased by about 19 percent. In the global market too, silver prices have dropped by 7.1 percent, because the US dollar has strengthened and the vigilance in the commodity market has increased. Earlier on 20 October, silver exchange-traded funds recorded a major decline of up to 7 percent. After the Diwali holidays, when the markets reopen on Thursday, there is a possibility of further fall in prices.

Silver prices

In India, the price of silver on MCX fell by 0.22 percent i.e. Rs 327 to 1,50,000 per kg in the Muhur

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