Silver prices made headlines once again as the silver rate today climbed to a fresh lifetime high, setting the tone for a volatile yet exciting session for bullion traders. The surge in silver prices has kept both commodity markets and retail investors glued to the charts, especially as the white metal extends its sharp upward run.
The standout move came with silver futures touching ₹1.78 lakh/kg, marking one of the strongest rallies seen in recent months. With the dollar losing strength and global markets leaning toward the possibility of a Federal Reserve rate cut, the sentiment around silver remains intensely charged.
Market Performance: Silver Rate Today Shows Sharp Upside
Silver’s rally has been building for days, but today's move pushed the momentum into overdrive.
Over the last seven sessions:
- Silver jumped by ₹21,245
- Total rise: 13.5%
- Price moved from ₹1,57,404/kg on November 20 to ₹1,78,649/kg today
Silver futures for March 2026 delivery continued their winning streak:
- Up by ₹3,668
- Total gains: 2.09%
- New all-time high: ₹1,78,649 per kg
- Turnover: 15,750 lots
On the Multi-Commodity Exchange (MCX), gold also joined the rally, but the spotlight firmly stayed on silver price movements.
Main News: Record High for Silver Prices as Dollar Weakens
The rally in the silver rate today came at a time when the US dollar index slipped 0.03%, creating strong tailwinds for precious metals. With the global currency under pressure, both gold and silver benefited from renewed buying interest.
International markets added fuel to the surge:
- Comex silver futures (December) gained for the fifth straight session.
- Price rose USD 1.3, up 2.4%, reaching USD 57.80 per ounce.
Gold too extended its gains on Comex, rising USD 35.2 to hit USD 4,253.5 per ounce, a six-week high.
The broader mood across global markets stayed bullish as discussions around a potential US Federal Reserve interest rate cut continued to gather pace.
Company Details: Factors Driving Silver Prices Higher
The ongoing breakout in silver prices didn’t happen overnight. Multiple cues lined up at the same time, allowing the white metal to take centre stage:
- Weakness in the rupee provided additional support to domestic bullion prices.
- Halt in CME trading due to data centre overheating triggered safe-haven buying.
- Global sentiment strengthened as rate cut expectations gained traction.
- Key US macroeconomic announcements later this week added anticipation to the market.
With investors tracking every macro signal closely, the silver rate today reflected the market’s heightened sensitivity to global economic shifts.
Summary: Silver Rate Today Hits Fresh Lifetime High
Silver delivered yet another powerful session, striking a record ₹1.78 lakh/kg in the domestic market and maintaining its seven-day winning run. The combination of a weaker dollar, rising global demand, rate-cut expectations, and supportive domestic currency trends created ideal conditions for the surge.
With silver prices rising sharply and global markets shifting fast, all eyes now remain on upcoming US economic data and broader macro cues that could shape the next move in bullion.
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