Silver Price Soars 11% in 2 Days: Buy, Sell, or Hold Amid Record Highs?

• Silver prices on Multi Commodity Exchange (MCX) crossed Rs 3,27,000 per kilogram, surging 11.18% (Rs 32,187) in just two trading sessions.
• The sharp rally is attributed to rising geopolitical tensions, strong industrial demand, and investors shifting towards safe-haven assets.
• Global spot silver on Comex hit an all-time high of $94.36 per ounce, driven by speculative demand, especially from China, despite easing physical scarcity.
• Experts like Aamir Makda highlight a structural supply deficit due to China's export licensing and limited mining, while Justin Khoo notes a long-term rally supported by demand and supply constraints.
• Investors are advised against chasing record prices; short-term traders may consider profit-taking, while long-term investors should hold or make phased new purchases.

Why It Matters: Silver prices hit record highs due to geopolitical tensions and strong demand; investors should exercise caution.