Silver price soars past ₹2,00,000 in Chennai; up ₹9,000 today

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Moneycontrol•10-12-2025, 11:48
Silver price soars past ₹2,00,000 in Chennai; up ₹9,000 today
- •Silver prices increased significantly on December 10, 2025, rising by ₹9,000 in one day.
- •In Chennai, the silver rate surpassed ₹2,00,000, reaching ₹2,07,000 per kilogram.
- •Silver is trading near its peak level across all states, with Delhi's rate at ₹1,99,000 per kg.
- •The price surge is attributed to high demand for industrial use (jewelry, mobile, solar panels) and safe-haven investment due to anticipated US interest rate cuts.
Why It Matters: Silver prices crossed ₹2,00,000, reaching record highs due to increased demand.
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