Key Highlights
- The February futures contract on MCX advanced ₹322 per 10 grams to a fresh peak of ₹1,38,676, taking the month-to-date rally to 8% and the year-to-date gain to 80%.
- Meanwhile, silver futures for March rose ₹4,777 per kilo to new high of ₹2,24,430, edging closer to ₹2.25 lakh per kilo.
- Both metals are on track for their best annual gains since 1979.
- Platinum also made significant strides in 2025, with spot platinum surging past $2,300 per ounce to a record high of $2,378, a 3.4% jump from the previous close.
- Prices were supported by tight supply conditions, rising investment demand, and a rotation from gold, helping platinum gain twice as much as gold in 2025.
