New Delhi: Silver touched the Rs 2 lakh mark to hit an all-time high of Rs 2,013,88 per kilogram on the Multi-Commodity Exchange (MCX) during the intraday trade on Friday.

The price of the future contract expiring on March 5, 2026, rose over Rs 2,400 during the day before settling at Rs 2,00462, up Rs 1,520 against the previous session’s closing of Rs 1,98,942.

The precious metal witnessed a sharp rally in the retail market as well, surging from Rs 8,000 to Rs 1,95,180 per kg. According to the Indian Bullion Jewellers Association (IBJA), silver closed at Rs 1,86,988 per kg on Thursday.

Silver extended its golden run in 2025 after delivering more than 20 per cent return in 2024. Prices posted their highest yearly gain of more than 100 per cent since 1979.

“Silver has broken out of a mu

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