<p><strong>Gold and silver prices have hit historic highs, with silver crossing ₹4 lakh and gold also setting a new record. The main reasons behind this unprecedented price hike are the weakness of the dollar and the demand for safe-haven investments</strong></p><img><p>Inflation for gold and silver has surged, shattering all records. Silver has made history, crossing ₹4 lakh, while gold is now out of reach for many. This historic rise has everyone wondering where prices will stop.</p><img><p>The rapid rise of silver has stunned experts. On the MCX, it hit ₹4,07,456/kg. It needed just ₹15,000 to cross the ₹4 lakh mark, which it did in 24 hours after a massive two-day surge.</p><img><p>It’s not just silver; gold prices are soaring too. On the MCX, gold hit a new record of ₹1,75,869 per 10 grams. On Wednesday, 99.9% pure gold reached ₹1,71,000, a ₹5,000 increase.</p><img><p>Experts blame three key factors for this price ‘tsunami.’ A weak US dollar is a major driver, as investors shift from currency to metals for safety when the dollar falls.</p><img><p>Safe-Haven Demand: Amid global geopolitical tension and trade uncertainty, investors are flocking to gold and silver to protect their capital, seeing them as safer than stocks.</p><img><p>Interest Rate Factor: The market is watching the US Fed. While rates are stable now, the possibility of future cuts is further boosting demand for both gold and silver.</p>
