{"id":44192,"date":"2025-09-29T04:59:06","date_gmt":"2025-09-29T04:59:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/44192\/"},"modified":"2025-09-29T04:59:06","modified_gmt":"2025-09-29T04:59:06","slug":"silver-prices-hit-%e2%82%b91-43-lakh-per-kg-for-the-first-time-in-india","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/44192\/","title":{"rendered":"Silver prices hit \u20b91.43 lakh per kg for the first time in India"},"content":{"rendered":"<p>Silver futures on the Multi Commodity Exchange (MCX) surged to an all-time high on Monday (September 29). It climbed over 1.3% to \u20b91.43 lakh per kg in early trade. The rally closely tracked gains in global markets, where spot silver rose 1% to $46.47 per ounce.<\/p>\n<p>A weakening rupee further amplified domestic prices.<\/p>\n<p>Global tailwinds fuel the upside<br \/>&#13;\n<\/p>\n<p>\nInternational prices firmed on expectations of monetary easing in major economies, persistent geopolitical tensions, and renewed investor interest in precious metals.<\/p>\n<p><a href=\"https:\/\/www.cnbctv18.com\/tags\/silver-prices.htm\" target=\"_blank\" rel=\"noopener nofollow\">Silver, which carries both safe-haven<\/a> and industrial appeal, has outperformed several asset classes this year.<\/p>\n<p>Market participants say the recent gains reflect a combination of currency weakness and strong overseas cues. With the rupee under pressure, imported commodities like silver tend to become costlier, translating into higher local prices.<\/p>\n<p>Industrial demand provides a structural push<\/p>\n<p>Beyond its haven status, silver is being buoyed by sustained industrial consumption. Applications in solar panels, electronics, semiconductors, and electric vehicles continue to deepen its role in the green energy and technology ecosystem.<\/p>\n<p>Analysts point out that this dual character\u2014precious metal plus industrial metal\u2014has strengthened investor conviction.<\/p>\n<p>The Axis Mutual Fund report notes that silver\u2019s long-term growth story is anchored in clean energy transitions and manufacturing demand worldwide.<\/p>\n<p>Investment flows add momentum<\/p>\n<p>Investor interest has remained robust, with silver-backed exchange products attracting strong inflows and bullish positions in futures markets.<\/p>\n<p>Market trackers highlight that sentiment has stayed positive despite volatility in other asset classes.<\/p>\n<p>Outlook: Supportive but volatile<\/p>\n<p>Analysts expect the metal to stay firm in the near term, supported by global demand and currency-led price strength in India. However, any recovery in the rupee or shift in interest rate expectations could trigger short-term corrections.<\/p>\n<p>-With Reuters inputs<\/p>\n","protected":false},"excerpt":{"rendered":"Silver futures on the Multi Commodity Exchange (MCX) surged to an all-time high on Monday (September 29). It&hellip;\n","protected":false},"author":2,"featured_media":44193,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[114,85,46,190,2796,35140,13716,35138,2851,35137,35139],"class_list":{"0":"post-44192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-il","10":"tag-israel","11":"tag-markets","12":"tag-silver","13":"tag-silver-outlook","14":"tag-silver-prices","15":"tag-silver-prices-india","16":"tag-silver-prices-today","17":"tag-silver-rates","18":"tag-silver-rates-india"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/44192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=44192"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/44192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/44193"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=44192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=44192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=44192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}