By Admin 
If you have kept an eye on the prices of gold and silver for the last few months, it is clearly visible that these precious metals are continuously making new records. Sometimes there was a slight decline and sometimes there was a huge rise, but the overall trend has been upward. Especially silver has surprised both investors and common people.
Recently, such a jump was seen in the prices of silver in the bullion market of Delhi, which created a stir in the market. In just one day, silver became expensive by Rs 15,000 and reached Rs 2,65,000 per kg, which is the highest level till date. Now the biggest question arising is whether silver can really reach Rs 3 lakh per kg. According to experts, the coming few days may prove to be very important for the price of silver.
Why such a sudden rise in the price of silver?
According to All India Bullion Association, silver prices have increased by about 6 percent. While silver was Rs 2,50,000 per kg on the last trading day, now it has directly reached Rs 2,65,000. Similarly, gold of 99.9 percent purity also recorded an increase of about Rs 2,900. According to Gaurav Garg, Research Analyst of Lemon Markets, gold has crossed $ 4,600 per ounce in the international market. Whereas silver is trading around 84 to 90 dollars per ounce. This clearly means that investors all over the world are rapidly moving towards gold and silver as safe haven i.e. safe investment in a risky environment.
Big reasons for taking silver beyond Rs 3 lakh
1. America’s inflation figures – The December inflation rate in America was 2.7 percent. This has increased expectations that the US Central Bank (Fed) may cut interest rates. Gold and silver usually become expensive when interest rates fall.
2. Clash between Fed and Donald Trump – Tension is increasing between Donald Trump and Fed Chairman Jerome Powell. If a new Fed Chairman of Trump’s choice comes and interest rates fall, then silver prices may get further support.
3. Court’s decision on Trump tariffs – A decision on the case related to Trump’s tariffs may come in the US court on January 15. Due to increasing uncertainty, investors are investing money in gold and silver.
4. Geo-political tension – America’s tensions with countries like Iran, Russia, Venezuela, Cuba and Cambodia have created an atmosphere of fear in the market. In such circumstances, silver is considered a safe investment.
5. Industrial demand for silver – The demand for silver is increasing rapidly in solar panels, electric vehicles and green energy sectors. According to research, by 2027 the solar industry will need more than 20 percent silver of the current supply. 85–98 percent of global silver reserves can be used by 2050.
6. Weakness of Rupee – The rupee has weakened against the dollar. The rupee has fallen by more than 5 percent in the year 2025. Silver is imported, hence the weakness of rupee increases the prices further.
Also read: Missile Cost: How much does it cost to make a missile, what things are used in it?