Silver Price Shocks The Market: Silver Crosses ₹3 Lakh For The First Time, Jumps ₹13,000 Overnight — Check Latest Silver Rates
Silver has created history. For the first time ever, silver prices have crossed the ₹3 lakh per kilogram mark, leaving investors and buyers stunned. Alongside silver, gold prices are also racing to record highs. Global tensions, rising uncertainty, and strong investor demand are pushing precious metals into uncharted territory.
Silver Breaks All Records, Crosses ₹3 Lakh Per Kg
On Monday, silver prices surged sharply in futures trading, breaking every previous record. Within minutes of market opening, silver crossed the historic ₹3 lakh level per kilogram.
So far this year, silver prices have already risen by more than ₹65,000 per kg, showing no signs of slowing down. Market experts believe this rally is driven by global instability and increased demand for safe-haven assets.
Stormy Rise In Gold And Silver Prices
All predictions of a price correction have failed. Both gold and silver are setting new records almost daily. On the first trading day of the week, silver stunned the market by crossing ₹3 lakh per kg, a level never seen before in history.
At the same time, gold prices also climbed aggressively, reaching fresh lifetime highs. Investors who were waiting for a dip are now watching prices rise faster than expected.
Silver Prices Show No Signs of Stopping
Silver’s momentum looks unstoppable. On the Multi Commodity Exchange (MCX), silver opened with a massive jump of ₹13,553 per kg on Monday.
- New all-time high: ₹3,01,315 per kg
- Previous close (Friday):** ₹2,87,762 per kg
This sudden surge clearly shows strong buying interest and panic-driven demand in the market.
Silver Up by ₹65,000 in January Alone
After an explosive performance in 2025, silver has continued its strong rally in January 2026.
- Price on 31 December 2025: ₹2,35,701 per kg.
- Current price: ₹3,01,315 per kg.
- Total increase: ₹65,614 per kg
This means silver has delivered one of its fastest monthly gains in recent years.
Gold Prices Jump Nearly ₹3,000 in a Single Day
Gold has not stayed behind. On Friday, MCX gold futures (February contract) closed at ₹1,42,517 per 10 grams. As soon as markets opened on Monday, gold surged to a new high of ₹1,45,500.
One-day jump: ₹2,983 per 10 grams (24K gold)
This sharp move highlights strong investor confidence in gold as a safe asset.
Gold Becomes Nearly ₹10,000 Costlier In 2026 So Far
Looking at the bigger picture, gold prices have risen significantly since the start of the year.
- Gold price on 31 December 2025: ₹1,35,804 per 10 grams.
- Current price: ₹1,45,500 per 10 grams
- Total rise: ₹9,696 per 10 grams
This steady climb reflects long-term buying rather than short-term speculation.
Why Are Gold and Silver Prices Rising So Fast?
Several global factors are driving this powerful rally:
1. Rising Global Tensions
Ongoing geopolitical uncertainty has increased fear in financial markets, pushing investors toward safe assets like gold and silver.
2. Trade Wars and Tariff Pressure
Fresh tariff-related tensions involving the US and Europe have added pressure to global markets, increasing volatility.
3. Safe-Haven Demand
Whenever uncertainty rises, investors prefer assets that protect value. Gold and silver remain the top choices during such periods.
What This Means For Investors And Buyers
If global tensions continue, precious metal prices may stay elevated in the near term. Short-term buyers should be cautious, while long-term investors may still see gold and silver as strong wealth-protection assets.
Bottom line: Gold and silver are shining brighter than ever, and this historic rally has completely changed market expectations.