Silver Reaches Record Highs; Experts See Further Gains, China to Curb Exports

• Silver prices hit record highs, surpassing ₹1.93 lakh per kg in India and $62.50 per ounce globally.
• The price surge is driven by expectations of loose US monetary policy, a weakening dollar, and increased industrial demand in clean energy.
• China will impose export licenses for silver from January 2026, potentially reducing global supply by 60-70%.
• Brokerages and experts forecast silver prices to reach $55-$80 per ounce by 2026, with some predicting up to $75 per ounce.

Why It Matters: Record silver prices and China's new export rules signal major market shifts.