silver prices
There has been such a rapid rise in the prices of silver that it has destroyed all the records till now. The price of silver in the commodity market has reached a historic level of Rs 2.42 lakh per kg. This news is very important not only for investors but also for common consumers, because silver has now become not just a jewelery but an essential industrial asset.
15% jump in a week
What has been happening in the market regarding silver in the last few days cannot be called a normal bullishness. Within just one week, a jump of more than 15 percent has been recorded in the prices of silver in the futures market. During the trading session for delivery in March 2026 Silver It jumped by Rs 18,210 (about 8.14%) in a single day and touched a new all-time high of Rs 2,42,000 per kg. However, at the end of the day, due to profit booking, the price came down slightly and closed at Rs 2,39,787, but the market sentiment remains completely ‘bullish’.
Now technology needs silver
What is the reason behind this unprecedented rise? Market experts believe that the story of silver has now changed. Experts like Rahul Kalantri, Vice President (Commodity), Mehta Equities, say that silver can no longer be seen only from the perspective of jewelery or coins. Its ‘industrial demand’ i.e. demand in industries is much more than supply.
In today’s era, the use of silver has become mandatory in the manufacturing of solar panels, high-performance electronics and electric vehicles (EV). As the world is moving towards green energy and advanced technology, the consumption of silver is increasing, while there are obstacles in its supply from mines. It is this difference that is driving the prices sky high.
Multibagger return given in 2025
From investment point of view, the year 2025 has been no less than a jackpot for silver investors. If we look at the data, the price of silver on December 31, 2024 was around Rs 87,233 per kg. From there till now the prices have increased by a bumper 175%. That means whoever had invested money in silver at the beginning of the year, his investment has increased manifold.
The situation is the same not only in the domestic market but also in the global market. On COMEX, silver crossed the level of $ 79 an ounce for the first time. There too, the contract for March 2026 jumped 11.2% to $ 79.70 an ounce.
Will this boom stop here?
Now the biggest question is whether this boom will stop here? Jigar Trivedi, Senior Research Analyst, Reliance Securities, estimates that more momentum is still to come. He believes that industrial demand can far outstrip supply. Apart from this, the expectation of interest rate cut in America next year and the weakness in the dollar has also made gold and silver safe and attractive for investment. The continuous flow of money into Exchange Traded Funds (ETF) is also an indication of this. According to experts, in the year 2026, silver in the global market can move towards the magical figure of $ 100 per ounce.
Also read- When gold reached ₹ 1.42 lakh, people came up with a new solution! Now customers are crazy about this jewellery.