Silver prices have continued to rise and have now touched a record high of ₹ 2.41 lakh per kg. Silver made a new history in the Delhi bullion market on Tuesday. Strong global cues and an increase in industrial demand are driving silver prices steadily higher, which has become big news for investors.
According to the All India Bullion Association, silver prices rose by ₹1,000 to an all-time high of ₹2.41 lakh per kg in the national capital Delhi. Silver prices have seen a steady rise over the past few days, with strength in the global market and growing demand from the industrial sector being the main reasons.
On the other hand, gold prices have seen declines for the second day in a row. Gold of 99.9 per cent purity fell by ₹2,800 to ₹1,39,000 per 10 grams on Tuesday. Earlier on Monday, the price of gold was ₹1,41,800 per 10 grams. Due to this decline in just two days, gold investors are feeling disappointed.
If we look at the international markets, there has also been a significant rise in silver prices. Spot silver was trading up 5.15 percent, or $3.72, at $75.85 an ounce. Along with this, gold prices also rose by 1.61 percent in the global market and touched $4,401.59 per ounce.
According to market experts, strong industrial demand is playing an important role behind silver's shine. Demand for silver is increasing rapidly in sectors like solar power, electronics, data center infrastructure. Jigar Trivedi, senior research analyst at Reliance Securities, says supply constraints and strong global cues are supporting silver prices, though tighter margin rules may remain volatile in the short term.
Silver prices on the Multi Commodity Exchange (MCX) also saw a sharp rise. Silver futures for March 2026 delivery at Rs. 9,590 or an increase of 4.27 percent to Rs. 2,34,019 per kg reached. Silver on MCX on Monday was Rs. 2,54,174 per kg reached a record high.
Overall, silver remains the choice of investors in the current scenario, while pressure on gold prices remains. (Note: The information given here is for informational purpose only, it must be mentioned here that investing in the market is subject to market risks. So always consult an expert before investing.)
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