Silver Hits New All-Time High as Gold Rises; Experts Predict Strong Bullion Momentum Ahead

The bullion market continued its upward streak on Monday, with silver soaring to a historic all-time high and gold holding firm amid broad strength in precious metals. A combination of global uncertainty, seasonal demand, and favourable technical cues has propelled both metals higher.

Silver at Lifetime High, Gold Stays Strong

Prices on MCX showed decisive momentum:

• Gold: ₹1,30,631 per 10 grams (+0.87%)

• Silver: ₹1,77,647 per kg (+1.52%) — a new record peak

Jewellery demand during the wedding season, along with rising safe-haven interest, has boosted domestic sentiment.

Experts Expect Continued Strength

Rahul Kalantri, VP – Commodities, Mehta Equities Ltd, said gold is headed for a fifth straight monthly gain, while silver’s rally is supported by expectations of a US Fed rate cut and a weakening dollar index.

He added that technical patterns have turned strongly bullish for silver.

“Charts have clearly flipped in favour of silver, pulling in more speculative long positions,” he said.
Safe-haven buying also intensified after a brief CME trading disruption, while the weaker rupee added upward pressure to domestic prices.

However, he added that optimism around a potential Russia-Ukraine peace deal may cap sharp upside moves.

Silver Outperforms Gold in 2025

Silver has been the standout commodity of the year.

Dr Renisha Chainani, Head of Research at Augmont, said:
“Silver’s price has nearly doubled in 11 months, rising 100% in 2025, while gold has risen around 60%.”

The metal’s surge reflects both industrial and investment-driven demand, making it the best-performing precious metal this year.

Why Are Gold and Silver Surging?

Analysts point to multiple trigger factors:

• Expectations of a US rate cut later this month

• Higher safe-haven demand amid geopolitical tensions

• Strong domestic jewellery buying during wedding season

• A weakening rupee, pushing Indian prices higher

• Bullish technical charts, especially for silver

• Increased speculative buying in global markets

Both metals are expected to remain steady in the near term, though volatility could remain high.