Silver Prices Soar Over 3% in India: Global Supply, Geopolitical Tensions Drive Surge

• Silver for March delivery on MCX climbed ₹8,011 (3.07%) to ₹2.68 lakh per kilogram.
• Gains attributed to tightening global supply, geopolitical tensions, and US trade policy uncertainty.
• Comex silver futures surged 3.77% to $90.44 per ounce overseas.
• Global silver market faces a sixth consecutive yearly deficit of 67 million ounces despite increased production.
• China and US policy developments, including export restrictions and critical minerals listing, tighten supply.