Silver prices on the MCX crashed below Rs 2 lakh per kg as a sharp two-day plunge of Rs 17,000 weighed on investor sentiment. On Friday, MCX December silver futures fell 3.5%, or Rs 7,000, to Rs 1,92,800 per kg.
From its record high of Rs 4.27 lakh per kg earlier this year, the white metal has dropped nearly 55%, marking an absolute decline of around Rs 2.34 lakh.
