Silver drops further as October losses reach ₹45,000/kg
In short
Silver fell another ₹10,577 per kg on Friday. Its October loss has reached ₹45,000, and it is heading for its biggest monthly drop of 2026. Gold also fell to a seven-month low.
This matters for precious-metals traders and investors because both metals are under pressure. The report says inflation, higher energy prices and expected US rate rises are hurting sentiment, but it does not say when the fall will end.
What the reporting says
Silver fell another ₹10,577 per kg on Friday, extending its October decline to ₹45,000 and putting it on track for its steepest monthly loss of 2026. Gold also fell to a seven-month low as persistent inflation, rising energy prices and expectations of higher US interest rates weighed on precious metals. The reporting does not say when the selling pressure will stop.
Why it matters
Silver extended its October decline by another ₹10,577 per kg on Friday, taking the month’s loss to ₹45,000 and leaving it on track for its steepest monthly fall of 2026. Gold also slid to a seven-month low. The report links the move to persistent inflation, rising energy prices and expectations of higher US interest rates, but it does not quantify demand flows or official policy changes.