Silver Soars to Record Rs 2.42 Lakh/kg on Supply Fears, Fed Rate Cut Hopes

• Silver futures hit an all-time high of Rs 2.42 lakh per kg, rallying over 15% last week.
• The surge is fueled by strong industrial demand, expectations of US interest rate cuts, and growing supply disruption concerns.
• Global silver prices also reached a record USD 79.70 per ounce, reflecting aggressive buying.
• Experts note silver's increasing importance in high-tech industries and its decoupling from gold.
• China's upcoming export restrictions on silver from January 2026 are expected to tighten global supplies further.

Why It Matters: Silver's record rally driven by industrial demand, supply fears, and rate cut bets, with further gains expected.