Silver rate in India down 48% from record high: Right time to buy the white metal now? by Live mint | March 31, 2026 6:06 pm | Indian Stocks, Market, News Silver rates in India have dropped nearly 50% from record highs due to a stronger dollar and rising inflation risks from crude oil prices. The dollar index, which is at 100, gained nearly 3% in March, extending gains to its second consecutive month.