Silver Prices Tumble Over 50% From Peak Amid US-Iran War Fallout

Silver has seen a sharp decline in value both globally and in Indian markets following the US-Iran conflict. COMEX Silver, the international benchmark, has dropped 37% since the war began and is now 52% below its all-time high. In India, MCX Silver has fallen 20% since the conflict and sits 46% lower than its historical peak. The steep correction marks a dramatic reversal for a commodity that had previously been touted as a strong alternative investment.