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Silver ETF prices plunge sharply after multibagger rally reverses
Sharp profit booking and commodity price corrections triggered a steep fall in silver ETF prices, reversing earlier multibagger gains.
Silver exchange traded fund prices dropped nearly 20%, ending a multibagger rally that had attracted strong retail participation. Analysts attributed the decline to profit booking, global commodity price corrections, and weaker risk appetite. The sharp reversal highlighted volatility risks in commodity linked investments, prompting investors to reassess exposure amid fluctuating global demand, macro uncertainty, and changing sentiment across precious metals markets globally.