Silver prices in India surged to new highs on Tuesday (October 14), with the metal trading at ₹189 per gram and ₹1.89 lakh per kilogram in Delhi.

On global markets, silver also reached all-time peaks, touching $53.45 per ounce on COMEX, driven by tightening supply, geopolitical tensions, and expectations of US Federal Reserve rate cuts.

Year-to-date, silver has seen significant gains, reflecting both its safe-haven appeal and industrial demand.

Unlike gold, silver tends to be more cyclical, responding sharply to global economic trends, which creates higher potential returns but also greater volatility, according to Manav Modi, Analyst – Precious Metals, Motilal Oswal Financial Services.

“The recent halt of inflows into silver ETFs shows supply pressures in the market. Prices may conti

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