Silver's Record Surge: Will Fed Decision Break or Boost Prices?

• Silver prices hit a new record high, with MCX March Silver Futures reaching ₹1,91,800 per kg and Comex silver touching $62.14 per ounce.
• The surge is attributed to expectations of Federal Reserve interest rate cuts, a global supply shortage, and robust investor buying.
• Additional factors boosting silver include its inclusion in the US 'Critical Minerals' list and significant inflows into Silver ETFs.
• Gold prices also saw a slight increase, supported by continuous buying from central banks, with China increasing its gold reserves for the 13th consecutive month.

Why It Matters: Record silver prices indicate significant market shifts and investment considerations.