Silver Hits Record 3.18 Lakh; Experts Warn of Market Turmoil, Advise Caution

• Silver prices surged past Rs 3 lakh per kilogram on MCX, hitting a new high of Rs 3,04,087, a 5.67% jump in one session.
• The rally is driven by geopolitical tensions, increased demand for safe-haven assets, and strong industrial demand from clean energy and electronics sectors.
• Global market instability, including US-Europe tensions and China's strong speculative demand, are key factors.
• Experts advise caution for new investments at current highs; long-term investors can hold, while short-term traders might consider profit-taking.
• Technical charts show bearish divergence in RSI and declining open interest, suggesting potential long unwinding and short-term volatility.

Why It Matters: Silver prices are at historic highs due to global tensions and industrial demand, but experts warn of short-term volatility.