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Gold and Silver Prices Drop: Why Silver is Falling Faster Than Gold and What to Expect
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CNBC Awaaz•14-10-2026, 10:54
Gold and Silver Prices Drop: Why Silver is Falling Faster Than Gold and What to Expect
- •Silver prices have seen a sharper decline compared to gold, dropping by over 1.81% in a single day on the MCX due to both investor sell-offs and industrial demand concerns.
- •A major portion of silver demand comes from industries like electronics and solar panels, making it more vulnerable to economic slowdown fears and high interest rate pressures.
- •The silver market is smaller and more volatile than gold, leading to sharper price fluctuations and intense profit-booking sales following recent rallies.
- •Technical reports suggest silver could slip towards Rs 2,15,000 in the next 10 days if it fails to sustain the crucial support level of Rs 2,18,000.
- •MCX gold futures are expected to trade in the range of Rs 1,47,000 to Rs 1,55,000 leading up to Diwali, heavily influenced by US inflation data, the dollar, and Federal Reserve decisions.
Key Questions Answered
Silver experienced a much faster downward movement than gold because of growing concerns over industrial demand, particularly from the solar and electronics sectors, alongside higher market volatility and profit-booking.
Experts indicate that until Diwali, which falls on November 8, 2026, the futures price range for MCX gold could remain around Rs 1,47,000 to Rs 1,55,000 per 10 grams, influenced by US interest rates, inflation, and currency movements.
Technical reports provided a support and resistance range of Rs 2,18,000 to Rs 2,26,000 for silver, with sustained trading below Rs 2,18,000 signaling a potential slip toward the next support level of around Rs 2,15,000.
