Silver shines bright: MCX silver hits record high of Rs 1.06 lakh; is Rs 1.2 lakh next milestone?

Jun 9, 2025 - 17:00
Silver shines bright: MCX silver hits record high of Rs 1.06 lakh; is Rs 1.2 lakh next milestone?

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Silver is surging in 2025, hitting record highs due to safe-haven demand, supply constraints, and strong industrial use in clean energy and electronics. Experts predict the rally will continue, potentially reaching Rs 1,23,000/kg, driven by geopolitical tensions and a shift towards green technologies. Analysts advise a buy-on-dips strategy, citing positive technical signals and long-term supply issues.

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