MCX Silver Soars to Record High, Global Prices Top $65: What's Next for Investors?

• MCX Silver hit a lifetime high of Rs 2,04,445 per kg, while global spot silver crossed $65.63 an ounce for the first time.
• The surge is driven by weaker US labor data, boosting expectations of Federal Reserve rate cuts and weakening the dollar.
• Geopolitical tensions, specifically the US blockade on Venezuela oil tankers, also fueled safe-haven demand for precious metals.
• Experts like Rajkumar Subramanian see silver as a strategic diversifier with significant upside due to industrial demand (solar, EV).
• Apurva Sheth advises caution, suggesting gold might outperform silver medium-term, while NS Ramaswamy sees long-term potential to $100/ounce as a "next-generation metal."

Why It Matters: Silver hits record highs on rate cut hopes and safe-haven demand, but experts are divided on immediate buying.