Silver prices have reached their highest in decades, surging by Rs 89,300 in just 10 months to an all-time high of Rs 1,79,000 per kilogram. Last year on December 31, it closed at Rs 89,700 per kilogram, benefiting investors with a 99.55% return so far this year. There is no single reason behind the surge in silver prices. Also, its return is 37% more than gold.

What are the reasons behind high silver prices?

Both gold and silver prices reached new highs in the bullion market due to rising trade tensions between the US and China, which increased demand for safe-haven assets. But as China's economy has been recovering, and renewable energy projects are going up, demand for silver has gone up drastically.

Another reason is the historic shortfall of physical silver in the London market, wh

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