Silver Prices Create History, Hit Record High; Experts See Further Surge by 2026
Delhi Desk: Gold and silver prices continue to witness a strong upward trend, with silver leading the rally. On Friday, silver prices in Delhi jumped sharply by ₹9,350 per kg in a single day, reaching a record high of ₹2,36,350 per kg. Over the past week alone, silver prices have surged by nearly ₹32,000. On December 19, silver was trading around ₹2,04,100 per kg, highlighting the steep rise in a short span.
The domestic rally is being supported by strong momentum in the international market as well. In overseas trade, silver crossed the $75 per ounce mark for the first time, setting a new all-time high. According to experts, the key driver behind this surge is rising industrial demand. Silver is increasingly used in electric vehicles, solar energy, batteries, and emerging technologies.
How High Can Prices Go by 2026?
Market analysts point out that silver production remains limited while demand continues to rise sharply. Global demand has already outpaced supply, creating a sustained imbalance that could push prices even higher. Experts believe that silver still has room to rally further, with some projections suggesting that prices could touch $100 per ounce or even exceed that level by 2026.
