Silver prices have been on a remarkable rise, and December 17 marks a striking milestone. Based on the latest available trend data, silver has surged to ₹208 per gram and ₹2,08,000 per kilogram, making it one of the highest points in recent times. This sharp upward movement reflects global market volatility, currency fluctuations, and increased investor interest in precious metals. The Indian market, which closely tracks international silver trends, has mirrored this momentum with strong domestic demand.
Over the past six months, silver has shown a consistent upward trajectory. According to available performance indicators, silver prices in India have risen by over 85% in six months. This dramatic climb highlights how silver has outperformed many other commodities during this period. Investors have increasingly turned to silver as a hedge against inflation and economic uncertainty, further pushing prices upward.
The domestic market has also been influenced by the rupee’s movement against the US dollar. As the rupee weakens, imported commodities like silver become more expensive, adding to the price surge. Industrial demand—especially from electronics and solar panel manufacturing—has also contributed to the metal’s rising value. With global supply constraints and rising consumption, analysts expect silver to remain strong in the near term.
Below is a comparative table showing the approximate trend of silver prices over the last six months, based on available market performance data and recent price levels. This gives a clearer picture of how sharply the metal has appreciated.
