Silver Breaks All Records, Hits Rs 3 Lakh/Kg for First Time in History

Money
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News18•20-01-2026, 06:58
Silver Breaks All Records, Hits Rs 3 Lakh/Kg for First Time in History
- •Silver prices have surged to an unprecedented Rs 3,06,000 per kilogram on the Multi Commodity Exchange (MCX), marking a historic high.
- •The price of silver has increased by Rs 1 lakh in just the last 30 days, reaching Rs 3 lakh from Rs 2,03,500 on December 19, 2025.
- •Market experts attribute the price explosion to high demand in China, driven by its solar panel and EV industries, where silver is a crucial raw material.
- •Global events like the US-Iran conflict and increased industrial demand for green energy technologies are also contributing to the price hike.
- •While investors in silver have seen significant returns, common consumers face affordability issues for physical silver, leading to a rise in 'digital silver' and 'silver ETFs' investments.
Why It Matters: Silver hits historic Rs 3 lakh/kg, driven by industrial demand and global factors, impacting consumers and investors.
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