Silver Price Soars 13% in a Week: Invest Now or Wait?

• Silver price surged to 2,60,000 rupees per kilogram on February 11, up 2.60% on MCX.
• Global market saw silver spot price on COMEX rise to 82.31 dollars per ounce, a 2.40% increase.
• Indian Bullion & Jewellers Association reported a 2.14% increase in silver price in 24 hours to 2,59,100 rupees.
• Surge attributed to weaker US dollar, Federal Reserve easing expectations, and tightening global supply.
• China's silver reserves at a decade low; London Vault reserves also slightly down.