New Delhi, Oct 3 (PTI) Silver has outpaced gold with a 19.4 per cent surge in September against a 13 per cent rise in the yellow metal price, driven by robust industrial demand, especially from solar and technology sectors, and tightening global supply.
Silver prices climbed Rs 24,500 from Rs 1,26,000 per kilogram on September 1 to Rs 1,50,500 per kg on September 30, marking one of the steepest monthly gains in recent years.
On Friday, the white metal settled at Rs 1,50,000 per kilogram in the national capital, before scaling its record-high levels of Rs 1,50,500 per kilogram on Tuesday.
In contrast, gold prices have risen by Rs 14,330 per 10 grams, or 13.56 per cent, in September. It rallied from Rs 1,05,670 per 10 grams on September 1 to Rs 1,20,000 per 10 grams on September 30.
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