Big explosion in silver prices, price rose by Rs 50 thousand in one stroke, will the record of Rs 3 lakh be broken again?

Silver Price Hike: For the last few months, silver is being discussed more than gold. Buyers of silver have also increased, and so have the prices. In terms of returns, silver has left gold far behind in the last two years. Meanwhile, on January 29, 2026, the price of silver had reached a record Rs 4.20 lakh per kg. But after that there was a sudden big fall and on 2 February 2026 the price of silver fell to Rs 2.25 lakh per kg. Lakhs of investors who had purchased around Rs 4 lakh got trapped.

Now once again silver has made a strong comeback, silver has become expensive by about Rs 50 thousand per kg from the low level of February 2, because the interest of investors and traders in silver has started increasing again. On Thursday, March 12, the price of silver on MCX increased to Rs 2.75 lakh per kg.

Silver picks up pace again

However, the historic surge in silver prices also had international factors, and the sudden profit-booking also had foreign factors. Due to which, on February 2, the price of silver fell to around Rs 2.25 lakh per kg, which was considered to be the lowest level in recent times. But in about 40 days, silver has become costlier by Rs 50 thousand, and the latest price is Rs 2.76 lakh per kg. That means the price of silver is gradually increasing towards Rs 3 lakh.

At present, there is a global crisis because there is a war going on, at such a time people consider gold and silver as safe investments, hence new purchases have also returned, and whenever the demand increases, the prices start rising. As a result of this, the price of silver has jumped from the low level to about Rs 50 thousand per kg.

Due to these reasons the rise in silver?

Meanwhile experts believe that silver prices This rise is coming due to many reasons. On one hand, global economic uncertainty and geopolitical tensions are pulling investors towards safe investments, while on the other hand, industrial demand is also supporting silver. Silver consumption is continuously increasing in the electronics, solar panel and green energy sectors, due to which its demand remains strong.

Apart from this, the movement of the dollar, the direction of interest rates and the trend of the global commodity market are also affecting the prices of silver. Whenever market volatility increases, investors increase investments in gold as well as silver.

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Expert opinion regarding prices

Not only this, experts are alerting that if global economic uncertainty persists and industrial demand remains strong, then further rise in silver prices may be seen in the coming times. Therefore, investors are being advised to adopt a cautious strategy keeping in mind the fluctuations.