Silver Prices Soar to Record Highs Amid Trump's Tariff Threats, Geopolitical Tensions

• Silver prices surged to Rs 3.20 lakh/kg in India, driven by safe-haven demand amidst escalating trade-war fears.
• The Indian Bullion and Jewellers Association (IBJA) quoted silver at Rs 3,20,075 per kilogram, a 4.5% increase.
• Domestic futures on MCX hit a record high of Rs 3,35,500, while international spot prices on Comex reached $95.53 per ounce.
• The price hike is linked to US President Donald Trump's tariff threats against eight European nations over Greenland.
• Analysts predict further upside, with potential targets of $99-$100 (Rs 3,50,000) and $107 (Rs 4,00,000) if risk-off sentiment continues.

Why It Matters: Silver prices are at record highs due to Trump's tariff threats and geopolitical tensions, boosting safe-haven demand.