Silver Surges 13% to Rs 2.60 Lakh: Is it Time to Invest?

• Silver prices jumped 13% from last week's low, reaching Rs 2,60,000 per kilogram on MCX.
• The surge is attributed to a softer US dollar and expectations of Federal Reserve monetary easing.
• Global silver market faces renewed tightness, with China's stockpiles at a decade low after record exports.
• Inventories at Shanghai-linked warehouses and exchange volumes have sharply declined, indicating liquidity strains.
• Near-term support for silver is around Rs 254,115, with resistance at Rs 268,545.