Silver Dips After Record $64.31 High; Correction Expected

• Silver prices dipped slightly on December 12 after reaching an all-time high of $64.31 per ounce.
• The domestic price on MCX opened at Rs 1,98,282 per kg, following an all-time high of Rs 1,99,220 on December 11.
• Despite record high prices, domestic silver sales were down 10% year-on-year in November 2025.
• Analysts predict a price correction due to overstretched levels, but the broader outlook remains supportive.
• High demand from the technology industry is contributing to silver's strong performance.

Why It Matters: High silver prices affect investment decisions and consumer demand.