# Silver loses more than half its value from record high: What went wrong and will it recover?

- Source: Economic Times
- Published: 2026-10-31T09:03:45+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/commodities/news/silver-loses-more-than-half-its-value-from-record-high-what-went-wrong-and-will-it-recover/articleshow/135395608.cms
- Canonical: https://groundlevelnews.com/story/silver-loses-more-than-half-its-value-from-record-high-what-went-wrong-26bdf1/

Silver has plunged more than 58% from its February record high of nearly $120 an ounce to around $50, as profit-booking, weaker industrial demand and shifting macroeconomic conditions weigh on prices. Geojit’s Hareesh V explains what drove the rally, why it unravelled and what could shape silver’s recovery.

_Ground Level News shows a short summary only; the full article and all rights belong to Economic Times._