Silver price hit an all-time high on Tuesday, October 14, boosted by a historic short squeeze in London and strong demand for safe-haven assets amid global economic uncertainty. Spot silver rose as much as 0.4 per cent to $52.58 an ounce in London, breaking the previous record set in January 1980 when the billionaire Hunt brothers tried to corner the market.

The rally in silver comes amid concerns over liquidity in the London market, which has triggered a worldwide rush to secure the metal.

Also Read: Gold & Silver price hits record high—Buy, book profit or wait? Check key levels & strategy

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Do you know how to invest in silver or how gains from white metal are taxed? If you are thinking of buying silver for investment purposes, this article is for

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