Silver Soars to All-Time Highs Globally & in India: What's Driving the Rally?

• Silver hit all-time highs in India (₹219/gram, ₹2.19 lakh/kg) and globally ($69.44/ounce) on Monday.
• Rally driven by expectations of further US interest rate cuts, strong investment demand, and supply constraints.
• Silver has soared 138% this year, significantly outperforming gold, amid macroeconomic uncertainty.
• Easier US monetary policy, geopolitical risks, weaker dollar, and tight supply conditions are key drivers.
• US Fed's rate cut and softer inflation data reinforced expectations for more cuts, boosting non-yielding assets.

Why It Matters: Global and Indian silver prices surged to record highs due to rate cut expectations, demand, and supply issues.