Silver price tanks 14% in a week leading to 9% decline in Hindustan Zinc share price. Is worst over for white metal? (opens original article in a new tab)

Silver prices dropped 14% in a week, causing Hindustan Zinc shares to fall 9%, driven by a stronger US dollar, higher bond yields, and reduced geopolitical tensions.

• Silver price fell 14% in a week, leading to 9% drop in Hindustan Zinc shares
• US dollar strength, rising bond yields, and expected interest rate hikes pressured silver prices
• Geopolitical tensions eased, reducing safe-haven demand for silver
• Analysts predict continued volatility in silver with potential for short-term rallies