Silver Creates History, Prices Cross Rs 3,00,000 Per Kg for the First Time

Silver prices have shattered all market predictions, hitting an all-time high and crossing the Rs 3 lakh per kilogram mark for the first time in history. Gold prices have also surged sharply, driven by rising global tensions and renewed demand for safe-haven assets.

Silver Price Hits Historic High Above Rs 3 Lakh

All forecasts predicting a decline in gold and silver prices have proven wrong, as both precious metals continue to scale new record levels. On Monday, the first trading day of the week, silver witnessed a massive surge, pushing its price beyond Rs 3,00,000 per kilogram for the first time ever.

Silver Rate Crosses Rs 3,01,000 on MCX

The rally in silver prices shows no signs of slowing down. As trading opened on the Multi Commodity Exchange (MCX) on Monday, silver jumped by Rs 13,553, crossing the historic milestone.

• New all-time high: Rs 3,01,315 per kg

• Previous close (Friday): Rs 2,87,762 per kg

Silver has continued its strong momentum into the first month of the new year after an exceptional performance in 2025.

• Price on December 31, 2025: Rs 2,35,701 per kg

• Price increase in January 2026 so far: Rs 65,614 per kg

Gold Prices Also Surge Sharply

Gold prices have mirrored silver’s rally. On MCX, the February 5 gold futures contract closed at Rs 1,42,517 per 10 grams last Friday. On Monday, prices jumped to a new high of Rs 1,45,500 per 10 grams.

• Increase in one session: Rs 2,983 per 10 grams

• Gold price on December 31, 2025: Rs 1,35,804 per 10 grams

• Total rise in 2026 so far: Rs 9,696 per 10 grams

Why Are Gold and Silver Becoming More Expensive?

Global Tensions Fuel Safe-Haven Demand

The primary reason behind the sharp rise in gold and silver prices is escalating global uncertainty. Tensions linked to Trump-era tariffs have resurfaced, along with renewed geopolitical friction.

The United States has imposed tariffs on European countries opposing former President Donald Trump’s plans regarding Greenland, intensifying market uncertainty. As global risks increase, investors are once again turning to safe-haven assets like gold and silver, driving prices sharply higher.

Gold and Silver Prices in Delhi Today

• 24-carat gold (Delhi): Rs 1,42,430 per 10 grams

• Silver (Delhi): Rs 3,06,957 per kg

Gold prices in the national capital are showing increased volatility, while silver continues to trade near record levels.