Silver Crosses Rs 2 Lakh Mark for First Time; Gold Steady

• Silver crossed Rs 2,00,000 per kg for the first time in Indian history.
• Gold prices remained steady on Friday morning after a 0.25 bps US Fed rate cut.
• In Mumbai, 24-carat gold was Rs 1,30,760 per 10 grams, and 22k gold was Rs 1,19,860 per 10 grams.
• International silver prices rose 4.95% to $63.55 per ounce; gold rose 1.80% to $4,271.65 per ounce.
• Indian gold prices are influenced by international market rates, import duties, taxes, and exchange rate fluctuations.

Why It Matters: Silver's record high price impacts investments and economic stability.