Silver has now breached two key support levels by Kotak Securities. (Source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

After a record-breaking rally earlier this month, silver prices have sharply reversed course, tumbling by more than 16% from the all-time within just 10 days.

On Monday, Silver future traded on India's Multi Commodity Exchange (MCX) hit a day’s low of Rs 1,41,780 per kilogram, slipping around 17% from its lifetime high of Rs 1,70,415, recorded on Oct. 17. The correction marks one of the steepest short-term declines in recent months, raising questions about the metal’s near-term direction.

Silver has now breached two key support levels, as shared by Kotak Securities. The first support stood at Rs 1,43,375, followed by Rs 1,41,961 — both of

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