| 19 Mar 2026 11:08 | | Hot Commodities: Silver extends fall after 6% plunge as Dollar strength caps upside | | | Silver futures extended their decline toward the $75 per ounce mark on Thursday, following a sharp 6% drop in the previous session, as a stronger US dollar and hawkish Federal Reserve stance dampened investor sentiment. The dollar index climbed back above the 100 level, making precious metals less attractive, while rising oil prices further fueled inflation concerns, reinforcing expectations of prolonged higher interest rates. The Federal Reserve kept rates unchanged but maintained a cautious tone, highlighting persistent inflation risks and signaling that rate cuts will only follow clear signs of easing price pressures. Meanwhile, weakness spilled across the bullion complex, with COMEX gold slipping below $4900 and MCX gold nearing ₹1,50,000, reflecting broad-based pressure on non-yielding assets.
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