Silver touches historic Rs 3 lakh per kg in India

Silver prices in India have surged to Rs 3 lakh per kilogram , marking an all-time high for the precious metal. The milestone reflects a steady long-term upward trend in silver, despite periodic short-term fluctuations over the years.

Industry experts attribute the rise to a combination of factors, including global demand, inflationary pressures, currency fluctuations, and increasing investment interest in precious metals . The metal has traditionally been seen as a safe-haven asset, attracting both investors and traders during periods of economic uncertainty.

Data from market analysts indicates that silver prices in India have climbed significantly over the past five years, moving from around ₹63,400 per kg in 2020 to approximately ₹95,700 per kg in 2024 as demand and global trends strengthened. The rally accelerated sharply in 2025 when prices approached ₹2.1 lakh per kg , driven by robust investor interest, industrial demand, and global market momentum. The surge past ₹3 lakh per kg in 2026 roughly a ₹1 lakh increase within a year underscores how short-term volatility has given way to a strong, consistently upward long-term trajectory.

“Reaching Rs 3 lakh per kilogram is a landmark moment for India’s silver market,” said a senior commodity analyst. “It underscores the enduring value of precious metals as a hedge against market uncertainty and currency fluctuations.”

Market participants are closely watching whether silver can maintain momentum above this historic level or undergo a correction in the coming months. Investors are advised to balance short-term market speculation with long-term investment strategies .

Silver’s rally is seen as part of a broader trend where investors are increasingly seeking tangible assets , such as gold and silver, to safeguard wealth amid global economic shifts.