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<h1>Silver and gold prices plunged as a stronger dollar triggered a global precious metals selloff and profit taking.</h1> Silver plunged about 19% to Rs 3.12 lakh/kg and gold fell roughly 2% to Rs 1.65 lakh/10g amid a global selloff prompted by a stronger US dollar tied to a major US central bank nomination, triggering profit taking after record highs; analysts described silver as overbought with potential further downside and maintained a constructive medium term outlook for gold despite near term volatility.