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Silver slides Rs 2,577 to Rs 2.38 lakh/kg in futures trade

Silver futures fell on Apr 24, 2026, sliding Rs 2,577 as weak global cues and subdued investor demand pressured the market. On MCX, May silver declined 1.07% to Rs 2,38,936 per kg, while Comex May silver slipped about 1.26% to $74.55/oz in New York. Analysts say the drop tracked international losses and cautious commodity sentiment, though the article notes a bullish outlook for silver in 2026 amid persistent volatility risks. The move highlights near-term downside pressure but does not alter the longer-term constructive view.

Category

Silver

Sentiment

Mixed

Event

Price movement

Reading time

1 min