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Summary:

After a surge during the Dhanteras festival, silver prices have plummeted nearly 20% in the last week, mirroring a decline in gold prices. Global uncertainty, including the postponement of a US-Russia summit and uncertainty surrounding a US-China meeting, is contributing to market volatility. Analysts suggest that further price dips could trigger buying interest due to these uncertainties, as the fundamentals of precious metals remain strong. Despite the price drop, Tata Mutual Fund has resumed fresh investments in its Silver ETF Fund-of-Fund scheme after a temporary suspension.

News Article:

Silver Prices Crash After Dhanteras Rally; Analysts See Potential Buying Opportunity

Mumbai, October 25, 2025 – Silver prices have experienced a significant correction after soaring during the Dhanteras festival, with prices plummeting roughly 18% in the past seven days. As of today, the white metal is trading around Rs 1.5 lakh per kilo in India, a sharp drop from highs of Rs 2 lakh per kilo recorded on October 18th.

The downturn is not limited to silver. Gold prices have also softened over the past ten days. Spot gold closed at $4,113.05 an ounce in New York, reflecting a 3.3% weekly loss.

On the Multi Commodity Exchange (MCX), silver futures traded at Rs 1,47,470 per kg, showing a slight decline.

Analysts attribute the volatility to a complex interplay of factors, including global uncertainty arising from the postponement of a planned summit between the US and Russian Presidents and continued questions around a possible meeting between Donald Trump and Chinese President Xi Jinping.

“The planned summit between the US President Donald Trump and the Russian President was postponed. Uncertainty remains over a possible meeting between Trump and Chinese President Xi Jinping. So, any dips could trigger fresh buying interest due to ongoing global uncertainties,” said Manav Modi, an analyst at Motilal Oswal Financial Services.

Vikram Dhawan, head of commodity and fund manager at Nippon India Mutual Fund, emphasized that the “broader asset allocation story remains intact,” suggesting longer-term confidence in precious metals.

While the price drop might concern some investors, analysts suggest it could present a buying opportunity. According to experts, underlying fundamentals for both gold and silver remain strong.

In related news, Tata Mutual Fund has resumed fresh investments in its Silver ETF Fund-of-Fund scheme, reversing a temporary suspension implemented on October 14th due to elevated silver premiums and tight supply.

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