In the international market, the March silver futures contract jumped by $5.81, or 6.56 per cent, to hit a record of $94.35 per ounce.
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Silver prices surged on Monday to breach the record ₹3 lakh-per-kg mark in futures trade for the first time, riding on strong investor demand and positive global trends.
On the Multi Commodity Exchange (MCX), silver futures for March delivery skyrocketed by ₹13,553, or 4.71 per cent, to hit a record of ₹3,01,315 per kilogram.
In the international market, the March silver futures contract jumped by $5.81, or 6.56 per cent, to hit a record of $94.35 per ounce.
Analysts said that upbeat industrial demand and a weak US dollar lent further support to the white metal, which has been outperforming gold in recent sessions.
Published on January 19, 2026
