{
  "id": 17347616,
  "title": "Silver hits 11-month low at ₹1.9 lakh per kg in Delhi; crashes to $49/ounce globally",
  "url": "https://urgent.news/2026/10/31/silver-hits-11-month-low-at-1-9-lakh-per-kg-in-delhi-crashes-to-49",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T05:31:44.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold/silver-hits-11-month-low-at-19-lakh-per-kg-in-delhi-crashes-to-49ounce-globally/article71648219.ece"
  },
  "original_language": "en",
  "account": "Silver prices plummeted by ₹8,300 to ₹1.90 lakh per kilogram in Delhi, marking their lowest point in nearly 11 months, on Friday. This decline was driven by a sharp drop in international markets, causing investors to sell off precious metals. Gold prices also fell by ₹1,300 to ₹1,45,200 per 10 grams, following a dip from Thursday's closing level. The white metal had previously reached its lowest level in December 2025, when it was quoted at ₹1.92 lakh per kilogram. Globally, gold prices fell below $4,000, while silver tumbled below $50, marking its 11-month low. Factors contributing to the decline included elevated crude oil prices, inflation concerns, and expectations of tighter US monetary policy. Additionally, worries about the sustainability of AI-related investments and a sharp sell-off in technology stocks further pressured the precious metals market.",
  "summary": "Silver fell after slight gains, dropping ₹8,300 to ₹1,90,200 per kg from ₹1,98,500",
  "key_points": [
    "Silver hits 11-month low at ₹1.9 lakh per kg in Delhi",
    "Global silver price tumbles below $50 per ounce",
    "Decline attributed to crude oil prices, inflation, and tighter US policy"
  ],
  "editors_take": "The simultaneous decline in precious metals reflects a broader market shift where inflation fears and technology sector volatility drive investors away from traditional safe havens.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}