Silver Price Soars to Record ₹2,00,000/kg

• Silver prices hit an all-time high, with MCX silver reaching ₹2,00,000 per kg for the first time.
• International COMEX silver prices also reached a record $64.32 per ounce.
• The surge is attributed to a weak dollar, expected interest rate cuts, global supply shortages, and record industrial demand.
• Industrial uses in solar panels, electric vehicles, electronics, and medical devices are driving demand.
• Experts recommend long-term investment but advise staggered buying due to potential high volatility.

Why It Matters: Silver's record price surge reflects global demand and economic uncertainty.