Silver Soars Past $90/Ounce: Will it Break 2025 Record? Price Could Hit ₹3 Lakh!

• Spot silver crossed $90 per ounce for the first time, reaching $91.55, driven by political attacks on the Federal Reserve, rate cut expectations, and rising geopolitical tensions.
• Gold is also near its record high, just $10 away, as investors flock to precious metals for safe investments amidst global uncertainty.
• In India, silver prices jumped, ranging from ₹2,75,000 to ₹2,92,100 per kg on January 14, 2026, with MCX futures at ₹2,75,100/kg.
• Citigroup projects gold at $5,000 and silver at $100 per ounce, while Lotus Asset Management's Hao Hong believes silver could reach $150 by year-end.
• The 2025 rally saw silver gain 150% due to a short squeeze, London supply shortages, and speculative buying; future tariffs from a US Section 232 investigation could further tighten supply.

Why It Matters: Silver's unprecedented rally past $90/ounce is fueled by global instability and Fed concerns, with potential for further record highs.