Silver Hits Record ₹2 Lakh, Gold Prices Surge on Strong Industrial Demand

Written by Karan Sharma

Silver prices soared past ₹2 lakh per kg on Friday, December 12, 2025.

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MCX silver for March 5, 2026 expiry reached a high of ₹2,01,388.

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Silver opened at ₹1,96,958 and closed at ₹1,98,942 on the same day.

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This marks a 121% surge in silver prices this year.

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Silver has overtaken Microsoft to become the world’s fifth-largest asset.

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Experts attribute the rise to strong industrial demand for silver.

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Silver is widely used in electric vehicles, semiconductors, solar panels, and electronics.

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Gold prices also climbed, with MCX gold for February 5, 2026 expiry hitting ₹1,34,966.

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Gold opened at ₹1,32,275, showing a rise of about ₹2,400 during the day.

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Both precious metals are witnessing historic gains, driven by industrial and investment demand.

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