Silver shines bright: MCX silver hits record high of Rs 1.06 lakh; is Rs 1.2 lakh next milestone?
[ad_1] Thinking of investing in silver but wondering if now’s the right time? Silver is stealing the spotlight in 2025, hitting an all time high of Rs 1,06,138 per kilogram on the Multi Commodity Exchange (MCX) last week, emerging as one of the top-performing commodities.The upward trajectory of this precious metal was helped by a potent combination of safe-haven buying, global supply constraints, and strong industrial demand, particularly from the fast-expanding clean energy and electronics sectors.The latest surge follows months of heightened geopolitical tensions, especially the ongoing Russia-Ukraine conflict, and an accelerating global shift towards green technologies, both of which have strengthened silver’s appeal as both a strategic asset and a critical industrial input.Industry experts also suggested that this rally is far from over, as the white metal is expected to reach as high as Rs 1,23,000/kg in the upcoming […]