Business

Silver Soars to All-Time High of ₹1.11 Lakh per Kg in India


New Delhi, July 2025: In a significant development for investors and jewellers alike, silver prices in India have reached a record high of ₹1.11 lakh per kilogram, marking a historic milestone in the precious metals market.

The rally in silver is being fueled by a combination of strong global demand, investor shift toward safe-haven assets, and ongoing supply constraints. According to bullion traders, geopolitical uncertainties, inflation concerns, and increased industrial demand—especially from the green energy and electronics sectors—have added to silver’s bullish trend.

On the Multi Commodity Exchange (MCX), silver futures surged past previous records in just a matter of days. Analysts say this momentum could continue if global uncertainties persist, particularly with silver being seen as a more affordable hedge against inflation compared to gold.

Silver’s industrial applications in solar panels, electric vehicles, and electronics have also pushed demand higher, particularly in fast-developing economies like India and China.

Why is Silver Rising Now?

  • Weakening of the US dollar: Making precious metals more attractive globally
  • Central bank policies: Investors are hedging against potential market volatility
  • Industrial use cases: Growing consumption of silver in renewable energy tech
  • Safe-haven demand: Global tensions are prompting a move toward tangible assets

Jewellers across India are reporting higher customer footfall, not necessarily for purchases, but to keep track of pricing trends. Many consumers are now re-evaluating wedding jewellery plans, and investors are considering silver as a key component in their diversified portfolios.

Experts, however, advise caution. “While silver’s fundamentals remain strong, such sharp rallies are often followed by corrections,” said market analyst Ramesh Shah of BullionTrade India.

For now, silver is shining brighter than ever—both literally and financially—as it cements its place as one of 2025’s hottest commodities.

Business

Silver Surges Past ₹1.09 Lakh per Kg on MCX – A Historic High


Mumbai, June 19, 2025 – In a historic development for the precious metals market, silver prices on the Multi Commodity Exchange (MCX) crossed the ₹1.09 lakh per kilogram mark for the first time ever, driven by strong global cues, safe-haven demand, and investor optimism in commodities.

The benchmark July futures contract of silver surged to ₹1,09,250/kg during early trade on Wednesday, setting a new all-time high on MCX. This unprecedented rally reflects a confluence of international market momentum, a weakening dollar, and persistent inflation concerns globally.

Why Is Silver Rallying?

Analysts attribute the sharp rise in silver prices to several key factors:

  • Global Market Tailwinds: International silver prices have been steadily rising amid geopolitical tensions, higher industrial demand, and expectations of interest rate cuts by central banks, particularly the U.S. Federal Reserve.
  • Safe-Haven Demand: With global economic uncertainty and volatile equity markets, investors are increasingly turning to silver and gold as hedges, contributing to upward pressure on prices.
  • Industrial Demand: Silver is a critical component in electronics, solar panels, and EV batteries. The clean energy transition continues to boost demand for the metal across manufacturing hubs.
  • Speculative Buying: In recent sessions, silver has witnessed renewed interest from retail and institutional investors alike, fueling speculative buying on MCX.

Gold Also on the Rise

The surge in silver comes alongside gains in gold, which is trading near record highs as well. MCX gold futures hovered above ₹72,000 per 10 grams, mirroring the broader bullish sentiment in the bullion market.

What It Means for Investors and Consumers

For investors, this rally reaffirms the long-standing position of silver as a valuable portfolio diversifier and inflation hedge. However, for industries reliant on silver, such as electronics and jewelry, rising input costs could lead to downstream price hikes.

Market experts advise caution, noting that while the trend is bullish, volatility could rise in the short term. Profit-booking and macroeconomic shifts could still affect prices in the coming weeks.

Quote:
“The ₹1.09 lakh mark is a psychological and technical milestone. Silver’s fundamentals remain strong, but short-term corrections can’t be ruled out,” said Anuj Mehta, a commodities strategist.

Outlook: Will the Rally Sustain?

As the global economy navigates a mix of inflationary pressures, rate decisions, and geopolitical dynamics, precious metals are likely to remain in focus. If current trends continue, silver may test higher levels in the coming months, with resistance seen around ₹1.12–1.15 lakh/kg, according to market analysts.


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