Silver Soars Past ₹2 Lakh Mark, Gold Jumps: What's Driving the Bullion Rally?

• Silver price surged by ₹8,775 in a single day, crossing the ₹2,00,750 per kg mark without GST.
• 24-carat gold increased by ₹936, reaching ₹1,32,713 per 10 grams without GST.
• The sudden rise brings relief to investors but increases the burden on common buyers.
• N.S. Ramaswamy of Ventura predicts silver could reach ₹3 lakh per kg due to supply shortages and changing demand.
• Year-to-date, gold prices have increased by ₹56,973 and silver by ₹1,14,733.

Why It Matters: Gold and silver prices saw a significant surge, with silver crossing ₹2 lakh per kg, impacting buyers and investors.