Silver Crosses 2 lakh: There has been a tremendous rise in the prices of precious metals, both gold and silver, in the last few days. Silver made a record on Friday, December 12 and crossed Rs 2 lakh. This year, a jump of 121 percent has been recorded in the prices of silver.
On Friday trading day, silver with expiry of March 5, 2026 had reached a high level of Rs 2,01,388 (per kg) on MCX. Due to this rise in silver, silver has become the fifth largest asset in the world, surpassing Microsoft.
Silver on MCX on Friday
On Friday, December 12, 2025, silver with expiry of March 5 opened at Rs 1,96,958 (per kg) on MCX. On its last trading day, silver had closed at Rs 1,98,942. Silver was trading at 2,00,699 on MCX.
Which shows an increase of about Rs 1800 from the previous day’s closing price. Silver had reached a high level of Rs 2,01,388 during the trading day. Silver prices have touched the figure of Rs 2 lakh for the first time.
Why was there such a tremendous rise?
Market experts believe that due to high industrial demand, silver prices are rising. Apart from electric vehicles, semiconductors, solar panels, electronics items, silver is used extensively in industry. Due to which its demand has increased.
Gold prices also rise
A tremendous rise is also being seen in the prices of gold on Friday’s trading day. On MCX, gold futures with expiry of February 5, 2026 opened at Rs 1,32,275. During the trading day, gold reached a high level of Rs 1,34,966. Which shows an increase of about Rs 2400 from the previous closing price.
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