Silver Price Soars to New Peak on Dec 12; US Rate Cut Hopes Fuel Demand

• Silver prices reached a new peak on December 12, with a slight increase of ₹100 per kg today.
• Chennai recorded silver at ₹2,09,100 per kg, while Delhi's rate was ₹2,01,100 per kg.
• The surge in silver prices is attributed to increased demand for safe-haven investments, driven by expectations of upcoming US interest rate cuts.

Why It Matters: Silver prices hit a new peak, impacting your investment and buying decisions.