By Admin 
Silver Price Surge: A steep rise in silver prices is being seen in the country on Thursday, January 29. Silver prices have reached above the level of Rs 4 lakh (per kg) on Multi Commodity Exchange. In the last 10 days, the price of silver has increased by about Rs 1 lakh.
Also, for the first time in the international market, silver has reached a new record figure of $ 119 per ounce. Let us know today’s latest prices…
Silver prices increased by nearly Rs 1 lakh in 10 days
In the last 10 days, an increase of more than Rs 1 lakh has been seen in the prices of silver. During this period, silver prices have increased by about Rs 4 to 5 thousand per day on an average. On January 19, the price of silver was Rs 2,93,975, which had increased to Rs 3,76,923 by January 28.
Today on January 29, this rise continued and silver touched the level of more than Rs 4 lakh. It is clear from this that there has been a tremendous rise in the prices of silver in the past few days. Talking about today only, an increase of about Rs 22 thousand is being seen in the prices of silver on MCX.
Sharp increase in silver prices from 2024 to 2026
If we look at the data of the last few years, the prices of silver remained rising during this period. In the year 2024, the price of silver will be between 80 thousand to 90 thousand rupees per kg. After this, in 2025, silver took a big jump and the price reached Rs 1 lakh to Rs 2 lakh per kg.
At the same time, in 2026, the price of silver has increased to the level of more than Rs 4 lakh. Which is considered to be the highest level till date.
Latest silver prices on MCX
There is a stormy rise in silver prices in the domestic future market on Thursday, January 29. Silver futures with expiry of March 5, 2026 opened at Rs 3,99,000 (per kg) on Multi Commodity Exchange (MCX) on Thursday. On its last trading day, silver on MCX closed at Rs 3,85,366.
At around 1:15 pm on January 29, silver with expiry of March 5 was trading at Rs 4,08,000 on MCX. Which shows an increase of about Rs 22,600 from the previous day’s closing price. MCX Silver had reached a high level of Rs 4,09,800 in early trade.
Silver issue raised in Rajya Sabha
In the Rajya Sabha on Thursday, a member of the Congress expressed concern over the recent increase in the prices of gold and silver and demanded immediate intervention of the government. According to PTI, during the Zero Hour in the Upper House, Congress member Neeraj Dangi raised this issue and said that the uncontrolled prices of gold and silver in the country have broken the backs of rural India, especially women and married families.
targeted the government
He said that in the last 13 months i.e. between December 2024 and January 2026, silver prices in India have increased by about 306 percent and gold prices have increased by 111 percent. He said that in India, gold and silver are related to women’s safety, self-respect and family future and such uncontrolled increase in their prices in such a country shows serious policy and economic failure of the government.
Taking aim at the government, she said that under the current policies, common women are being punished, while hoarders are getting protection. He demanded that in view of the current situation, the government should immediately intervene and take action against speculators and hoarders.
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