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Silver Corrects After ₹25,000 Spike in Previous Session
Silver drops ₹15,000 per kg after previous session’s sharp rally.
Silver retreated to ₹2,85,000 per kilogram after surging to ₹3,00,000 on February 23, marking a ₹15,000 pullback within a single session. The correction reflects short-term consolidation after extreme volatility and rapid upside movement. Despite the decline, prices remain comfortably above mid-month lows near ₹2,55,000. Market participants attribute the easing to profit booking, softer international cues, and normalization in domestic bullion positioning.