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Silver Slips Below 200 DMA: Why This Crash Is A Golden Buying Opportunity | Navneet Damani

Silver Slips Below 200 DMA: Why This Crash Is A Golden Buying Opportunity | Navneet Damani

Shailendra Bhatnagar
Shailendra Bhatnagar
  • New Delhi ,
  • Sep 28, 2026,
  • Updated Sep 28, 2026, 7:15 PM IST

 

Are you panicking over silver's massive crash? Silver has plummeted below its 200-day moving average, dropping from ₹2,41,912 to ₹2,26,000 per kilo! Is the bull run over? According to commodity expert Navneet Damani, Head Research - Commodities & Currency, MOFSL, this extreme volatility is classic silver behavior. While the absolute bottom might not be in yet, surging industrial demand tells a different story. With parallel metals like copper, zinc, and aluminum hitting multi-year highs, silver is gearing up for a spectacular comeback. Navneet views this dip near $60 as a prime long-term buying opportunity, predicting a powerful rebound towards $75, $82, and eventually $90! For domestic investors, accumulating around ₹2,10,000 to ₹2,15,000 could be the ultimate wealth-building move. Watch now, strategize your next trade, and maximize your profits.