Silver Prices Soar to ₹1.71 Lakh/kg in Delhi Amid Global Supply Constraints

Silver prices in Delhi have reached a historic high, with rates climbing ₹8,500 to ₹1,71,500 per kilogram on October 10, 2025. This surge marks a significant milestone in the precious metals market, driven by a combination of global supply issues and heightened demand.

Factors Driving the Surge

The recent spike in silver prices is attributed to persistent supply constraints in global markets. These limitations have intensified the demand for silver, particularly as a safe-haven investment amidst economic uncertainties. The All India Sarafa Association reported that silver prices have increased by ₹17,500 per kilogram over the past three trading sessions, reflecting the growing investor interest in precious metals.

Impact on Domestic Markets

In Delhi, the surge in silver prices has been notable, with the metal closing at ₹1,71,500 per kilogram on Friday. This increase has implications for both investors and consumers, influencing purchasing decisions and investment strategies. The rise in silver prices also contrasts with the performance of gold, which experienced a slight decline, falling by ₹600 to ₹1,26,000 per 10 grams.

Investor Considerations

For investors, the current market conditions present both opportunities and risks. The significant rise in silver prices may encourage investment in the metal, but the volatility also necessitates careful consideration. It’s essential for investors to stay informed about market trends and consult financial advisors to navigate the evolving landscape of precious metals.

Conclusion

The record-breaking surge in silver prices in Delhi underscores the dynamic nature of the precious metals market. While the rise presents potential opportunities for investors, it also highlights the importance of strategic decision-making in the face of market volatility. As global supply constraints continue to influence prices, stakeholders must remain vigilant and adaptable to the changing economic environment.