MCX Silver price crashes Rs 22,000 in 3 days, ETF nosedives 11%. Is the multibagger rally over?

Silver, dubbed gold’s “poor cousin,” surged over 160% in 2025 but faces a sharp correction as MCX prices tumbled Rs 22,000 and the Nippon India Silver ETF lost 11%. Analysts attribute the selloff to profit booking, raised CME margins, and thin holiday liquidity. While technically overdue, the correction raises questions on whether the multi-year silver bull run will continue.