A massive financial crisis hit Rajkot’s bullion market as global silver prices surged dramatically in 2025, triggering a short squeeze. 44 local traders, who had heavily short-sold silver expecting prices to stay below ₹1.25 lakh per kg, faced insurmountable losses when rates soared toward ₹2.5 lakh. The total unpaid liability across Rajkot, Ahmedabad, Indore, and Dubai markets reached approximate
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