Silver price hits all-time high in India as it surged past ₹1.1 lakh per kilogram on July 11, 2025. This historic milestone reflects global economic fears, strong industrial demand, and currency movements. In local markets, the spot silver price soared to ₹111,000 per kg, while MCX futures touched ₹113,000 per kg late Friday
🔍 Why Silver Price Hits All-Time High: Top 7 Reasons
1️⃣ Global Safe-Haven Rush
Investors turned to silver as a hedge against growing global trade tensions and geopolitical risks. New tariffs from the U.S. have rattled markets, boosting demand for precious metals
2️⃣ U.S. Fed Rate Cut Hopes
Markets expect the U.S. Federal Reserve to cut interest rates later this year. Lower rates often make non-yielding assets like silver more attractive.
3️⃣ Soaring Industrial Demand
Silver is widely used in solar panels, electric vehicles, and electronics. India’s surging clean energy projects and EV demand have tightened local supply
4️⃣ Weakening Indian Rupee
A softer rupee has pushed up silver prices in rupee terms, even as global prices remain relatively steady
5️⃣ Technical Breakouts
Analysts note silver charts show bullish patterns like the “cup-and-handle,” which typically signal higher prices
6️⃣ Supply Constraints
Global mining supply struggles to keep up with demand, while warehouse inventories have dropped, adding to price pressure.
7️⃣ Rising Investment Demand
Beyond industrial use, retail and institutional investors have been buying silver coins, bars, and ETFs, driving further gains.
🛠️ Silver Price Hits All-Time High: What’s Next?
Spot price: ~₹111,000 per kg
MCX futures: Peaked at ₹113,000 per kg
Resistance levels: Analysts see next targets at ₹114,000–₹115,000 per kg
Support levels: ₹108,000–₹110,000 per kg
Some experts believe silver may climb to ₹1.15–1.23 lakh/kg in the coming months, especially if the rupee weakens further and global tensions escalate Economic Times
🏭 How It Impacts You
| Group | Impact |
|---|---|
| Investors | Possible profit-taking opportunity, but watch for volatility. |
| Jewellers | Higher raw material costs may raise jewellery prices. |
| Industry | Rising costs for solar panels, EV parts, and electronics. |
| Retail buyers | Silver coins and utensils likely to get more expensive ahead of festivals. |
🪙 Background: Silver Price Trends in India
- June 9, 2025: Silver hit ₹108,100/kg (previous record)
- June 17, 2025: Touched ₹107,425/kg
- July 11, 2025: New record at ₹111,000/kg
The steady climb reflects both global trends and India’s growing appetite for silver, boosted by technology and investment demand.
