Silver Hits Record ₹3 Lakh/kg: Experts Debate Buy, Sell, or Hold Strategy

• Silver prices on MCX have crossed ₹3 lakh per kilogram for the first time, with a ₹35,000 surge in one week and over 45% return in a year.
• The rally is driven by increasing industrial demand from AI, EVs, solar panels, 5G, and green energy, alongside safe-haven demand due to geopolitical tensions and a weaker dollar.
• The gold-silver ratio of 80 suggests silver is still cheaper than gold, attracting large investors.
• Experts like Prathamesh Mallya recommend a long-term 'Buy' strategy, while Pranav Mer suggests holding or partial profit booking due to potential short-term correction.
• Key support on MCX is ₹2.80-2.85 lakh/kg, with resistance at ₹3.10-3.20 lakh/kg; breaching $100/ounce on Comex could signal further upside.

Why It Matters: Silver's record rally is backed by strong fundamentals, but investors should balance long-term growth with short-term volatility.