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Silver Stabilizes After Sharp February Correction

Silver steadies after a 23% February drop, indicating consolidation near ₹2.7 lakh/kg.
Silver prices have stabilized at ₹2,70,000 per kilogram after a sharp correction earlier in February. The metal is down nearly 23% from its recent peak of around ₹3,50,000, with the last few sessions showing the minimal daily movement. The price pause indicates a consolidation phase, as investors track global commodity trends and currency movements, and industrial demand before taking fresh positions.