Silver Prices Surge to ₹1.57 Lakh per Kg Amid Rising Global Demand

Introduction:
Silver rates in India have climbed to a record ₹1.57 lakh per kilogram, driven by strong global demand and market volatility. Investors across the country, including those in Tier-2 cities, are taking note as silver emerges as a preferred hedge against economic uncertainty. The rally reflects both international buying trends and domestic interest in precious metals as a secure investment option.

Global Factors Driving the Rally:
Rising industrial demand, especially from electronics and solar sectors, has pushed silver prices higher. Uncertainty in global markets, currency fluctuations, and investment inflows into precious metals have further fueled the momentum. Traders worldwide are increasingly viewing silver as a safe-haven asset.

Investor Interest in India:
Retail and institutional investors are showing heightened interest in silver coins, bars, and exchange-traded funds (ETFs). Tier-2 city investors, in particular, are diversifying portfolios to include silver alongside gold and other assets. The affordability of silver compared to gold makes it an attractive option for small and medium investors.

Comparison With Other Precious Metals:
While gold continues to dominate Indian investment portfolios, silver’s industrial utility and lower entry price point make it a strong complement. Experts suggest maintaining a balanced approach by combining both metals for wealth preservation and long-term growth.

Conclusion:
The record surge in silver prices highlights its growing appeal as both a safe-haven and industrial asset. Investors in Tier-2 cities should monitor global trends and consider silver as part of a diversified strategy to navigate economic uncertainty while leveraging opportunities in the precious metals market.