Sign In
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
New Delhi: From India to America, the price of silver has recorded an exponential rise. Gold prices on foreign soil crossed USD 60 per ounce, while silver prices in India reached a new record level. Apart from this, the countdown of Rs 2 lakh per kg for the price of silver has also started. The jump in the price of silver has been much higher than that of gold. If we only talk about the month of December, then by the 9th of December the price of silver has increased by 7.50 percent. However, the price of gold has not jumped that much.
The reason for the jump in silver price is the possible rate cut in the Fed policy meeting and the second important reason is the decrease in production. If you believe the experts, the price of silver may increase even more in the coming days.
The Multi Commodity Exchange i.e. the futures market of the country has witnessed a tremendous rise in the prices of silver. According to the MCX data, the price of silver increased by Rs 6,322 on Tuesday and the white metal jumped to Rs 1,88,064 per kilogram. By the way, silver prices also reached a record 1,88,665 rupees per kilogram during the trading session. Experts believe that the way silver prices are rising. Prices may even reach Rs 2 lakh/kg in the coming days.
On the other hand, the price of gold has also increased. According to the data of MCX, the price of gold increased by Rs 145 and has reached Rs 1,30,107 per ten grams. Meanwhile, gold is still trading at Rs 4000 lower than its peak.
Silver recorded a sharp increase in prices as compared to gold in the month of December. According to the exchange data, the price of silver was recorded at Rs 1,74,981 on the last trading day of November 2025. Since then, the price of silver increased by Rs 13,083, i.e., 7.48 percent. On the other hand, if we talk about gold on 28th November, it was available for Rs 1,29,504 per 10 gram on MCX, which has seen an increase of Rs 603, i.e. 0.46 percent so far.
In the futures market of New York, the price of silver is increasing by 1.27 percent and the price has come down to 61.61 dollars per ounce. Whereas the price of silver spot is trading at 60.93 dollars per ounce with a rise of 0.43 percent. Not only New York, but in Europe, silver prices are trading 0.30 percent higher at 52.4106 euros and in Britain 0.47 percent higher at 45.8381 pounds.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.)
