MCX silver breaks past Rs 1.70 lakh. Festive glow or the start of a bigger surge?
- Posted on October 17, 2025
- By Business News Today
- 3 Views
MCX silver breaks past Rs 1.70 lakh. Festive glow or the start of a bigger surge?
Silver prices surged to a new high of Rs 1,70,415 per kilogram on MCX, marking a 19.8% gain for October. Analysts attribute this rally to strong festive demand, industrial restocking in solar and electronics, and expectations of US rate cuts, suggesting a phase of structural endurance for the metal.
