Silver Price Dips From Record Rs 2,02,000/kg; Strong Demand Persists

• Silver price slipped 1.73% from its record high of Rs 2,02,000/kg.
• Domestic silver futures closed at Rs 1,98,500 on MCX, a 0.01% decline.
• Despite peak performance, domestic silver sales were down 10% year-on-year in November 2025.
• Price increases are attributed to FED rate cuts, tightening stocks, strong industrial demand (solar, EV, data centers), and strong ETF inflows.
• Outlook suggests silver is consolidating, with buying interest near Rs 1,93,000 and resistance around Rs 2,05,000.

Why It Matters: Silver's price fluctuations impact investments and key industrial sectors.