On Friday, October 23, the December 2026 silver futures contract on MCX slipped below Rs 2 lakh per kg. It fell 1.72% to trade at Rs 1,96,170, down Rs 3,429 from the previous close. Fresh lows,. Silver prices extended their losses in international markets on Thursday, falling more than 14% this week and touching a seven-month low amid a broad sell-off in precious metals.