Silver Hits Record High of Rs 2.64 Lakh Per Kg on MCX Amid Geopolitical Tensions

2 min read     Updated on 12 Jan 2026, 12:21 PM
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Overview

Silver achieved a record high of Rs 2,63,996 per kg on MCX before settling at Rs 2,62,092, gaining 3.71% amid geopolitical tensions and Federal Reserve policy expectations. The metal posted over 7% weekly gains driven by Middle East tensions and Venezuela instability. Experts see potential for Rs 2.80-3.00 lakh targets while noting support around Rs 2.45-2.48 lakh levels.

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*this image is generated using AI for illustrative purposes only.

Silver prices achieved a remarkable milestone on the Multi Commodity Exchange (MCX), hitting a fresh lifetime high as investors sought refuge in precious metals amid escalating global uncertainties. The March 2026 contract surged to Rs 2,63,996 per kg during the trading session before easing to Rs 2,62,092, marking a substantial daily gain of Rs 9,367 or 3.71%.

Strong Weekly Performance Driven by Global Factors

The precious metal's exceptional performance extended beyond the single session, with silver climbing over 7.00% during the previous week. This surge was primarily attributed to mounting tensions in the Middle East, political instability in Venezuela, and renewed pressure on the U.S. Federal Reserve regarding monetary policy decisions.

Performance Metric: Value
Intraday High: Rs 2,63,996/kg
Closing Price: Rs 2,62,092/kg
Daily Gain: Rs 9,367 (3.71%)
Weekly Performance: +7.00%

With inflation showing signs of cooling and expectations of a prolonged rate pause gaining momentum, investors have increasingly turned to precious metals as safe-haven assets, providing substantial support to silver prices.

Expert Analysis Points to Continued Momentum

Ponmudi R, CEO of Enrich Money, emphasized silver's strong underlying demand characteristics, noting the metal's behavior as a "high-beta leader within the precious metals space." According to his analysis, silver continues to demonstrate aggressive absorption of price dips, indicating robust market support.

The technical outlook remains constructive, with key resistance and support levels clearly defined:

Technical Levels: Price Range
Critical Support: Rs 2,65,000
Breakout Target: Rs 2,70,000
Extended Targets: Rs 2,80,000 - Rs 3,00,000
Downside Support: Rs 2,45,000 - Rs 2,48,000

International Market Dynamics

Rahul Kalantri, VP Commodities at Mehta Equities, highlighted the reinforcing factors behind silver's upward trajectory, including both global risk factors and speculative interest. His technical analysis reveals specific support and resistance zones that traders are monitoring closely.

On the international front, silver maintains strength above $78.00 per ounce, with immediate resistance positioned near $82.70. The domestic market shows technical support around Rs 2,48,810 and Rs 2,44,170, with resistance at Rs 2,59,470.

Balanced Outlook Amid Volatility Concerns

While the current environment appears favorable for precious metals, some market participants urge caution regarding silver's sharp ascent. Ross Maxwell, Global Strategy Operations Lead at VT Markets, acknowledged the long-term support from industrial demand, particularly from green technologies, while noting potential short-term risks.

Maxwell's analysis suggests that speculative inflows attracted by recent rallies could reverse quickly if macro risk appetite returns or speculative interest diminishes. However, he believes a sustained crash remains unlikely unless broader market sentiment shifts decisively toward risk-on assets.

Market Outlook

Silver's current trajectory reflects a convergence of multiple supportive factors, including safe-haven buying, strong industrial demand, and favorable technical positioning. The metal's performance underscores its dual nature as both an industrial commodity and a store of value during uncertain times.

Market participants continue to monitor key support zones and global developments that could influence silver's direction in the coming sessions, with volatility expected to remain elevated as various market forces compete for influence.

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Kiyosaki Maintains Silver Bullish Stance as Prices Cross $80, Eyes $100 Target

2 min read     Updated on 12 Jan 2026, 12:15 PM
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Reviewed by
Radhika SScanX News Team
Overview

Robert Kiyosaki maintains his bullish silver stance despite prices crossing $80, stating it's not too late to buy and planning to continue purchases until $100. The Rich Dad Poor Dad author projects silver could reach $200 by 2026, driven by industrial demand, safe-haven flows, and macroeconomic instability. While encouraging precious metals investment as inflation hedges, he cautions against greed-driven strategies, emphasizing disciplined profit-taking approaches.

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*this image is generated using AI for illustrative purposes only.

Rich Dad Poor Dad author Robert Kiyosaki has doubled down on his bullish silver outlook, dismissing investor concerns about the precious metal's sustainability after prices crossed the $80 per ounce threshold. In a recent post on social media platform X, Kiyosaki addressed growing market speculation about whether silver's sharp rally has exhausted its upward momentum.

Kiyosaki's Current Silver Strategy

Responding directly to silver's milestone achievement, Kiyosaki posted "Silver over $80… yay" on X. When questioned whether the current price levels make silver purchases inadvisable, he firmly replied "No," indicating his intention to continue accumulating the precious metal.

Strategy Element: Details
Current Price Level: Over $80 per ounce
Buying Strategy: Continue purchasing until $100
Next Phase: Wait and assess market conditions
Long-term Target: $200 per ounce by 2026

Kiyosaki outlined his specific approach, stating he would continue buying silver until prices hit $100 before pausing to evaluate market developments. However, he struck a cautionary note for investors, invoking the well-known market adage: "Pigs get fat. Hogs get slaughtered." This phrase emphasizes the importance of disciplined profit-taking over greed-driven risk-taking in investment decisions.

Building on Previous Projections

The author's latest comments reinforce his earlier projections from late 2025, when silver had surged past $72 per ounce. At that time, Kiyosaki characterized the rally as "great news for gold and silver stackers" while warning it represented "bad news for fake money savers" – his reference to investors relying on fiat currencies.

Kiyosaki has consistently expressed concerns about rising inflation and the dollar's weakening purchasing power. His projection that silver could climb to $200 per ounce by 2026 is based on his analysis of multiple market factors.

Market Drivers and Investment Philosophy

According to Kiyosaki, silver's sharp upward trajectory has been driven by several key factors:

  • Industrial demand growth
  • Safe-haven investment flows
  • Macroeconomic instability
  • Currency devaluation concerns

Earlier in 2025, he urged investors "don't be a loser," encouraging them to consider long-term risks of currency devaluation. His messaging has consistently criticized traditional monetary policies while advocating for retail investors to hold tangible assets like gold and silver as hedges against inflation and monetary volatility.

Outlook and Investment Approach

Despite silver's strong recent performance, Kiyosaki's remarks suggest he anticipates further upside potential, particularly toward his $100 intermediate target. His consistent advocacy for precious metals over the years positions silver and gold as essential components of his broader investment philosophy focused on hard assets and inflation protection.

The author's approach combines bullish long-term projections with tactical caution, emphasizing the need for disciplined investment strategies even in favorable market conditions. His continued confidence in silver's prospects reflects his broader concerns about fiat currency stability and traditional monetary policy effectiveness.

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