Silver prices have achieved a significant milestone, crossing the $90 per ounce mark and prompting enthusiastic response from prominent finance author Robert Kiyosaki. The surge represents a major development in precious metals markets, with both international and domestic exchanges recording substantial gains.

Market Performance and Price Levels

On the Multi Commodity Exchange (MCX), silver futures demonstrated exceptional strength, with March 5, 2026 delivery contracts reaching ₹2,87,990 per kilogram earlier on Wednesday, establishing a fresh all-time high. This domestic surge aligns with international price movements that pushed silver beyond the psychologically important $90 threshold.

Kiyosaki's Response and Investment Philosophy

Robert Kiyosaki expressed his satisfaction with the price movement through social media, writing "YAY: Silver over $90 an ounce. Are you celebrating?" on January 14, 2026. The author highlighted the premium that physical silver commands, noting that US Silver Eagle coins are fetching approximately $104 from dealers, representing a significant premium over spot prices.

Kiyosaki's investment approach reflects a long-term perspective, as he revealed his silver buying history dating back to 1965 when he first purchased the metal at $1 per ounce. He became a committed advocate during the 1990s when silver traded in the $4-$5 range.

Investment Strategy and Market Outlook

Despite the current rally, Kiyosaki maintains a disciplined approach to his precious metals strategy. He has indicated his intention to continue purchasing silver up to the $100 per ounce level, after which he plans to reassess market conditions before making his next move.

Key aspects of Kiyosaki's strategy include:

• Continued buying up to $100 per ounce
• Long-term accumulation approach
• Eventual transition from silver to gold
• Emphasis on physical metal ownership

Market Drivers and Risk Factors

The current surge in silver prices has been supported by geopolitical tensions and civil unrest in Iran, which have enhanced the safe-haven appeal of precious metals. These factors have contributed to increased investor demand for tangible assets during periods of uncertainty.

However, Kiyosaki has also expressed caution about potential market volatility. He previously warned that silver may experience a sharp pullback before resuming its upward trajectory and noted that retail investor selling could potentially impact market stability. Drawing on investment wisdom, he emphasized the importance of patience, stating that while "Pigs get FAT," "Hogs get SLAUGHTERED."

The Multi Commodity Exchange (MCX) February gold contract has reached a new record high of ₹1,43,340 per 10 grams, marking a significant milestone for precious metals trading. This achievement comes amid persistent geopolitical uncertainty that continues to drive safe-haven demand for gold and silver.

Intraday Trading Performance

Gold futures experienced sharp price swings during the trading session, demonstrating the volatile nature of precious metals markets. The contract's performance showed remarkable resilience despite opening lower.

The February 5 contract initially opened ₹1,740 lower than the previous close but quickly recovered to establish the new record high. At the last check, futures were trading at ₹1,43,306, representing a gain of ₹1,065 or 0.75%.

Silver Reaches Historic Milestone

Simultaneously, silver prices achieved their own historic milestone by rising above $90 per ounce for the first time ever. This development underscores the broader strength in precious metals markets and reinforces the safe-haven appeal of these commodities during uncertain times.

Market Drivers and Geopolitical Factors

Precious metals have demonstrated strong performance following blistering rallies, with multiple geopolitical factors contributing to sustained demand. The prospect of a criminal indictment against Federal Reserve Chair Jerome Powell has revived concerns about the monetary authority's independence, according to Bloomberg reports.

Central bankers worldwide have rallied behind Powell, while JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon indicated that political intervention could backfire. Additional factors supporting haven demand include:

• Trump's capture of Venezuela's leader
• Renewed threats to take Greenland
• Violent protests in Iran that could potentially lead to regime change

Analyst Forecasts and Price Targets

Citigroup Inc. analysts have significantly upgraded their precious metals forecasts this week, projecting ambitious price targets for both gold and silver within the next three months.

"We upgrade our near-term price forecasts across the precious metals complex as investment momentum remains strong and the multitude of bullish drivers are now likely to remain intact during Q1FY26," the Citi note stated. The analysts cite strong investment momentum and multiple bullish drivers that are expected to persist through the first quarter of FY26 as key factors supporting their optimistic outlook.