
Silver prices experienced significant volatility on December 30th, with March futures on MCX jumping 4.08% to Rs 2,33,700 per kg after a sharp correction. This rebound followed a steep decline from record highs due to intense selling pressure and heightened market volatility. Analysts attribute the reversal to stretched long positions, increased margin requirements, and thin holiday trading conditions. International markets mirrored this weakness. Experts note silver's structural tightness compared to gold, with more constrained inventories making it susceptible to abrupt price moves.