New Delhi: Silver prices extended the record-setting rally for the fifth straight day on Monday, jumping ₹3,650 to ₹2,40,000 per kg in the national capital due to persistent buying by traders, according to the All India Sarafa Association.
The white precious metal had closed at ₹2,36,350 per kilogram on Friday.
So far this year, silver prices have delivered remarkable returns, surging 167.55 per cent, or ₹1,50,300, from ₹89,700 per kg recorded on December 31, 2024.
Meanwhile, gold of 99.9 per cent purity retreated from its record levels by declining ₹500 to ₹1,41,800 per 10 grams (inclusive of all taxes). It had climbed ₹1,500 to hit a fresh record of ₹1,42,300 per 10 grams in the previous market session.
Gold traded weak on Monday as traders booked profit after the yellow metal in the international markets slipped nearly USD 70 to USD 4,463 per ounce amid high volatility, Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, said.
