Silver Breaches Rs 4 Lakh/kg in Delhi; Gold Hits Record Rs 1.83 Lakh/10g Amid Global Rally

• Silver prices in Delhi surged past Rs 4 lakh per kilogram, reaching an all-time high of Rs 4,04,500 per kg.
• Gold also hit a new record of Rs 1,83,000 per 10 grams, marking a 7.02% increase.
• The sharp rally is attributed to strong safe-haven demand, global economic uncertainty, and escalating geopolitical tensions.
• Silver's outperformance is further supported by robust industrial demand and a weakening US dollar.
• Despite price surges, India's gold demand is expected to decline in volume, though value terms show a significant increase.

Why It Matters: Precious metals gold and silver hit record highs in Delhi due to global uncertainty and strong investor demand.