Monday, December 15

Silver Prices Surge Over ₹6,000: Experts Warn of Possible Correction

New Delhi, 15 December 2025: Silver continues its impressive rally as prices jumped sharply on Monday, gaining over ₹6,000. On the MCX, March delivery silver touched ₹1.99 lakh per kg by 3 PM, marking a more than 3% increase during the day. Last week, silver had briefly crossed the ₹2 lakh mark per kg before witnessing some volatility and profit-booking.

Gold also saw upward movement, with February delivery gold rising ₹1,700 to ₹1.35 lakh per 10 grams by afternoon.

The surge in precious metals comes after the U.S. Federal Reserve cut interest rates by 25 basis points, pushing the dollar index to a two-month low of 98.32. This move provided support to both gold and silver globally, driving prices to multi-month highs.

Silver’s Stellar 2025 Performance
The year 2025 has been exceptional for silver. After delivering over 20% returns in 2024, silver prices continued their upward momentum, rising more than 100% in 2025—the largest annual gain since 1979. This surge has broken a long-standing consolidation phase, including the “rounding bottom” pattern formed between 2011-2013.

Caution from Analysts
Experts, however, advise caution. Manoj Kumar Jain of Prithvifinmart Commodity Research noted that daily volatility in gold and silver could continue, though key global support levels—$2,140 for gold and $27.20 per troy ounce for silver—remain intact.

Justin Khu, Senior Market Analyst at VT Markets, said silver has reached an all-time high above $63 per ounce but is technically overstretched. Ponmudi R, CEO of Enrich Money, added that while the overall bullish trend remains, short-term momentum is slowing. He warned that a drop below ₹1.90 lakh could see silver prices decline toward ₹1.85–1.80 lakh per kg.

With such fluctuations, investors are advised to track market trends closely before making decisions, as profit-booking and corrections may be imminent.


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