Silver Price Soars: Crosses $100 Internationally, ₹3.40 Lakh/kg in India

Personal Finance
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CNBC Awaaz•24-01-2026, 11:30
Silver Price Soars: Crosses $100 Internationally, ₹3.40 Lakh/kg in India
- •Silver price has surged past $100 per ounce in the international market and reached ₹3,40,000 per kilogram in India.
- •In January 2026, silver has climbed by approximately 40%, following a 147% jump in 2025, its biggest annual surge since 1983.
- •Geopolitical tensions, safe-haven demand, and silver's relatively lower price compared to gold are attracting small investors.
- •Factors driving the rapid price increase include safe-haven appeal, geopolitical tensions, retail investor enthusiasm, physical market shortage, and rising industrial demand.
- •Increased investment in silver ETFs and limited supply further contribute to the price rally, making silver a concern for common people.
Why It Matters: Silver prices are skyrocketing globally and in India, driven by safe-haven demand, industrial use, and investor interest.
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