INVC NEWS
New Delhi — : The Silver continues to dazzle the commodity market, setting new all-time highs and gaining massive investor attention. On Monday, the price of silver skyrocketed to ₹1,08,100 per kilogram in the Indian physical market, crossing a historic threshold. Meanwhile, MCX silver futures also hit an all-time high of ₹1.06 lakh per kg, signaling strong bullish sentiment.
Traders, analysts, and investors are watching closely as silver shows no signs of slowing down. With rising industrial demand, global geopolitical tensions, and investor confidence booming, experts suggest that silver may soon touch ₹1.20 lakh per kg if the current momentum continues.
Silver’s Meteoric Rise: What’s Fueling the Fire?
Silver prices surged by ₹1,000 on Monday alone, according to the All India Sarafa Association. This jump followed a previous ₹3,000 increase on Friday, pushing silver from ₹1,04,100 to ₹1,07,100 per kg. Prices stayed flat on Saturday but resumed their upward march on Monday, reaching ₹1,08,100 per kg.
The key reasons behind this massive price surge include:
Strong global investor demand for precious metals
Ongoing geopolitical unrest, including US-China and Middle East tensions
Falling dollar index, making silver more attractive globally
Rising industrial use, especially in solar panels, electric vehicles (EVs), and electronics
MCX Silver Futures Also Break Records
In the futures market, silver on MCX (Multi Commodity Exchange) touched an unprecedented ₹1.06 lakh per kilogram, which mirrors the global bullish trend.
According to analysts, silver futures are experiencing a technical breakout, and momentum indicators suggest continued upward movement. Traders are positioning themselves aggressively as silver gains further strength.
Gold Price Takes a Backseat
Unlike the dazzling rise of silver, gold showed a mild correction. On Monday, 24-karat gold of 99.9% purity slipped by ₹280, closing at ₹97,780 per 10 grams. This follows a drop of ₹1,630 on Saturday, where it had ended at ₹98,060 per 10 grams.
Gold’s slight decline is attributed to:
Profit booking by investors
Stabilization in US-China trade dialogue
A relatively stable US dollar in the short term
Expert Speak: Why Silver Is Outperforming Gold
Saumil Gandhi, Senior Analyst at HDFC Securities, notes that gold is consolidating within a narrow range, while silver has become the top-performing metal globally.
Rahul Kalantri, Vice President of Commodities at Mehta Equities, emphasizes that silver has reached a 13-year global high and set a new all-time record in the Indian market.
He adds that industrial applications in the renewable energy and EV sectors have pushed silver demand into overdrive. “It’s not just about investment anymore; silver is now a tech commodity,” he explained.
India’s Role in the Silver Surge
India remains one of the largest consumers of silver, especially during wedding seasons and festivals. However, beyond jewelry, industrial demand from solar panel production and auto components is increasing rapidly.
With the Make in India push, Indian industries are sourcing more silver for clean energy initiatives, especially in solar farms and battery systems, further supporting domestic price strength.
What’s Next? Forecast Points to ₹1.20 Lakh Per Kg
Market analysts are now forecasting a continued uptrend. If geopolitical risks escalate or the dollar weakens further, silver may hit ₹1.20 lakh per kg in the coming weeks.
Short-term and long-term investors alike are entering the silver market due to:
Lower entry price than gold
Higher percentage return potential
Wider industrial use driving consistent demand
Investor Caution Still Advised
Despite the bullish trend, experts advise cautious investing, noting that volatile global cues or sudden economic shifts can impact prices.
Retail investors are encouraged to:
Track MCX trends closely
Set stop-loss targets in futures trading
Diversify portfolios, instead of putting all funds into silver
Silver’s dominance in 2025 is rewriting investment playbooks. Whether you’re a day trader, long-term investor, or a consumer planning for the wedding season, silver has clearly taken center stage in the commodities arena. With global uncertainty and green technology rising hand in hand, the sparkle of silver is unlikely to dim anytime soon.