Silver futures tumbled as a strong US dollar and Fed uncertainty pressured prices despite ongoing industrial demand and supply deficit.

• COMEX Silver slumped 3%, failing to break $40/oz; now trades at $37.23/lb, a three-week low.
• Global silver demand steady at 1.20 bn oz in 2025, led by industrial use, despite weak jewelry demand.
• MCX Silver down 1.10% at Rs 111,602/kg; Fed policy and strong dollar weigh on precious metals.