Silver’s blistering rally has put the white metal at the centre of market attention this month, outperforming gold decisively and inching ever closer to the Rs 2 lakh per kg mark on Multi Commodity Exchange (MCX).

Prices have already scaled fresh highs around Rs 1.93 lakh, supported by surging industrial demand, a softer dollar and a wave of technical breakouts that analysts say could push the metal higher in the coming sessions.

The momentum is strong enough that many now consider Rs 2 lakh a realistic near-term target, provided global cues remain supportive. Silver’s performance has stood out even as gold trades firmly but within a narrower zone.

Ponmudi R, CEO of Enrich Money, notes that silver is decisively outpacing gold on global charts. “COMEX Silver has already broken above its

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