Silver crosses Rs 1.85 lakh on MCX for the first time; gold surges past Rs 1.28 lakh

Silver hit an all-time high on MCX, crossing Rs 1.85 lakh per kg, while gold surged above Rs 1.28 lakh per 10 grams amid firm global cues and expectations around the US Fed’s December policy. Rising industrial demand for silver and a weaker rupee added to the upward momentum.