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Silver rally nears Rs 3.2 lakh/kg; gold futures hit record Rs 1.48 lakh/10g

Silver surged toward Rs 3.2 lakh/kg and gold hit Rs 1.48 lakh/10g on safe-haven demand amid global geopolitical tensions, with record highs seen on both MCX and Comex markets

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Silver prices extended its record-setting surge on Tuesday, approaching the Rs 3.2 lakh per kilogram, while gold futures soared to a lifetime high of Rs 1.48 lakh per 10 grams, as investors flocked to safe-haven assets amid deepening global geopolitical uncertainties.

On the Multi Commodity Exchange (MCX), silver futures for March delivery surged by Rs 9,674, or 3.2 per cent, to a lifetime high of Rs 3,19,949 per kilogram.
The white metal had breached the Rs 3 lakh milestone for the first time on Monday, before closing at Rs 3,10,275 per kg.

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