- By Nidhi Giri
- Wed, 10 Dec 2025 12:16 PM (IST)
- Source:JND
Silver Price Today: Silver prices touched a new all-time high on Wednesday. Silver price crossed Rs 1.90 lakh per kilogram for the first time on MCX. Silver prices surged on the domestic futures market, MCX, around 9 am on Wednesday, December 10, breaking its previous record.
Silver Touhes All-Time High
The highest trading price for silver with March 2026 expiry was recorded at Rs 1,90,799 per kilogram (Silver Price Today) on Wednesday, a gain of Rs 2,735, or 1.45 per cent, from the previous close. At around 10:45 am, the silver rate on MCX was trading at Rs 1,90016, up Rs 1,952, or 1.04 per cent, from the previous closing price, Jagran Business reported.
Silver Rate In International Market
Silver prices are on a historic high. It has hit new record levels in five of the past eight sessions. Silver's rally is considered exceptional, and its price is nearing USD 60 per ounce in the international market. It is on track for its strongest 12-month performance since the late 1970s.
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Previous rallies around 2008 and 2020 now appear smaller than the current rally on long-term log charts.
Why Are Silver Prices Rising?
Silver prices are consistently rising due to several factors. These include strong industrial demand (particularly for green tech/solar), supply shortages, and global uncertainty (such as Middle East tensions), which has led investors to make "safe haven" purchases.
Expectations of a Federal Reserve interest rate cut and silver's generally higher volatility than gold are also supporting silver prices. The US has designated silver as an essential mineral, increasing its strategic importance. Consequently, demand has increased in the electronics, AI, and defense sectors.
