Silver Prices Today: Record-Breaking Momentum in Precious Metals Markets
Silver Prices Today: Gold and silver continued their remarkable upward momentum today, reaching new historic levels in both domestic and international markets. The surge reflects strong investor confidence, increased safe-haven demand, and the broader impact of recent monetary decisions by the US Federal Reserve. With interest rates moving downward, market participants are increasingly turning toward precious metals, pushing prices to unprecedented highs.
Rising Silver Prices and Investor Demand
Silver witnessed an exceptional rally as futures trading crossed the landmark figure of Rs 2 lakh per kilogram for the first time. This sharp rise was driven by consistent investor interest and supportive global cues. Silver futures scheduled for March delivery extended their upward streak for the fourth day in a row, adding Rs 1,420 to reach Rs 2,00,362 per kilogram on the Multi-Commodity Exchange. The steady climb highlights growing confidence in silver as both an industrial and investment asset.
Gold Futures Reach New Highs
Gold mirrored silver’s strong performance with a significant jump in futures prices. Contracts set for delivery on February 5, 2026, touched a fresh record during Friday’s afternoon trade. Gold rose by Rs 1,399 to settle at Rs 1,33,868 per 10 grams, after registering an intra-day high of Rs 1,33,967. The previous session had closed notably lower, indicating sharp intraday movement and heightened market enthusiasm. The sustained momentum underscores gold’s continued status as a preferred hedge amid shifting economic conditions.
Global Market Performance and International Impact
On the global stage, precious metals displayed similar strength. Comex silver futures climbed to a new peak of USD 64.74 per ounce, signaling strong international demand and aligning with domestic market trends. The global rise also reflects expectations of prolonged monetary easing and concerns over economic uncertainties, prompting traders worldwide to diversify into safe-haven assets. With both gold and silver breaking key levels internationally, the bullish sentiment appears well-supported across major trading platforms.