New Delhi: Silver prices continued their rally on Monday, rising 6% to a record Rs 2,54,174 per kilogram in futures trading on the Multi Commodity Exchange (MCX), driven by strong investor demand and bullish global trends. The March delivery contract surged Rs 14,387 in a single session, marking the sixth consecutive session of gains.
Gold futures also remained near all-time highs, with February delivery trading at Rs 1,40,230 per 10 grams, after hitting Rs 1,40,465 per 10 grams on Friday.
In international markets, silver futures crossed the USD 80-per-ounce mark for the first time, with the March 2026 Comex contract climbing 7.09% to USD 82.67 per ounce. The rally is attributed to expectations of reduced US Federal Reserve interest rate cuts next year and strong industrial demand.
Investors are closely watching precious metals amid persistent bullish trends and global economic signals.
