Silver continued to glitter better than gold with its prices soaring to fresh highs in the global and domestic markets. Traders said more than the US Fed rate cuts, tight physical market conditions drove prices higher.

In India, prices of silver futures hit a new mark of ₹2 lakh per kg on the Multi-Commodity Exchange.

“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,” said Axis Direct, the investment platform of Axis Bank.

Silver has broken out of a multi-year consolidation phase, signalling the early stages of a long-term structural uptrend. “The monthly chart highlights a massive Rounding Bottom breakout formation stretching from 2011 to 2025. The white metal has

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