New Delhi: Silver prices soared past the Rs 2 lakh-per-kg mark on Friday, marking a major milestone for the precious metal. Backed by strong investor demand and supportive global cues, silver futures continued their rally for the fourth straight session. On the MCX, March delivery contracts climbed by Rs 1,420 (0.71 per cent), hitting a record high of Rs 2,00,362 per kg. The bullish sentiment was mirrored globally as well, with Comex silver futures touching a new peak of USD 64.74 per ounce.

Why Silver Prices Are Surging

Silver has been on a powerful upward run, fuelled by rising industrial demand, shrinking global stockpiles and growing interest from investors. Additional triggers including US Federal Reserve rate cuts and heightened geopolitical tensions have only strengthened its app

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