Silver prices in India surged to an unprecedented Rs 2 lakh per kg in futures trading, driven by strong global cues, investor demand, and a rally in international markets. The milestone reflects heightened interest in precious metals amid inflationary pressures, global uncertainties, and monetary policy shifts.
Silver prices hit a lifetime high in futures trade on the Multi Commodity Exchange (MCX), crossing the historic Rs 2 lakh per kg mark for the first time. March-delivery silver futures rose by Rs 1,420, or 0.71%, to Rs 2,00,362 per kg, marking the fourth consecutive day of gains. The rally was supported by firm global trends, with Comex silver futures scaling a fresh peak of USD 64.74 per ounce.
The surge in silver prices comes amid strong investor appetite for safe-haven assets, driven by global economic uncertainties, inflationary pressures, and expectations of accommodative monetary policies. Analysts note that silver’s dual role as both a precious and industrial metal has amplified demand, particularly with rising interest in renewable energy and electronics sectors.
Key highlights from the announcement include
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Silver futures on MCX touched Rs 2,00,362 per kg, a record high.
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Prices rose for the fourth straight session, gaining 0.71% in March contracts.
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Comex silver futures hit USD 64.74 per ounce internationally.
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Strong investor demand and global cues fueled the rally.
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Silver has surged nearly 130% in 2025, outpacing gold’s 75% rise.
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Industrial demand from renewable energy and electronics adds to price momentum.
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Analysts expect volatility to persist, with silver remaining attractive as a hedge against inflation.
This record-breaking rally underscores silver’s growing importance in both investment portfolios and industrial applications. With global uncertainties and inflationary trends continuing, silver is likely to remain a preferred asset for investors seeking diversification and long-term value.
Sources: Rediff Money, Hindu BusinessLine, Business Standard