Silver prices delivered a historic performance on Monday, January 19, storming past a landmark level in India’s futures market and reinforcing the broader bullish trend in precious metals. A surge in investor appetite, coupled with supportive global cues, pushed both silver and gold to fresh all-time highs, underscoring the growing appeal of safe-haven assets. In a first for Indian commodity markets, silver futures crossed the Rs 3 lakh-per-kg threshold on the Multi-Commodity Exchange (MCX). The March delivery contract registered a sharp single-day jump of Rs 13,553, marking a gain of 4.71 per cent and lifting prices to a lifetime high of Rs 3,01,315 per kilogram. This move caps a powerful weekly rally.
