Silver Prices Soar to All-Time Highs Globally and Domestically

• Global spot silver price on Comex surged to $83.785 per ounce, a 4.79% gain.
• Domestic MCX silver futures hit an all-time peak of Rs 2,63,000 per kg for 999 purity.
• The previous peak for domestic silver was Rs 2,61,341 recorded on January 7, 2026.
• US job vacancies declined, and private payrolls climbed less than predicted, impacting investor sentiment.
• Escalating geopolitical tensions, including US actions regarding Venezuela and Greenland, boost safe-haven demand.

Why It Matters: Silver prices reached unprecedented highs globally and domestically due to economic data and geopolitical tensions.