Silver prices in India extended their rally to hit a fresh record high on Tuesday, with the Multi Commodity Exchange of India (MCX) witnessing unprecedented levels amid global market volatility. The surge comes as international silver prices also reached new peaks, supported by geopolitical tensions and robust industrial demand.

Record-Breaking Performance on MCX

Silver prices on MCX demonstrated exceptional strength during Tuesday's trading session. The following table highlights the key price movements:

The white metal jumped more than 6% in the previous session, reflecting strong momentum in the precious metals sector. This performance comes alongside spot silver hitting an all-time high of $86.22 internationally.

Market Drivers and Geopolitical Factors

The rally in silver prices has been fueled by multiple factors creating a supportive environment for precious metals. Escalating global geopolitical tensions have increased safe-haven demand, while the Trump administration's opening of a criminal investigation into Federal Reserve Chair Jerome Powell has added to market uncertainty.

Further contributing to geopolitical worries, US President Donald Trump announced that any country conducting business with Iran will face a 25% tariff on trade with the United States. Non-yielding assets like silver tend to perform well in low-interest-rate environments and during periods of heightened geopolitical or economic risks.

Industrial Demand and Supply Dynamics

According to Ponmudi R, CEO of Enrich Money, silver continues to trade with a strong structural bias, supported by persistent supply deficits and accelerating demand from industrial applications. The expert highlighted several key demand drivers:

• Solar energy applications
• Electric vehicle manufacturing
• AI infrastructure development
• Electronics sector requirements
• Sustained safe-haven investment flows

Citi has raised its three-month price targets to $100 per ounce for silver, citing strong investment momentum and multiple bullish drivers expected to remain intact during the first quarter. The bank noted that ongoing physical market shortages on silver could worsen in the short term due to potential delays in Section 232 tariff decisions.

Technical Analysis and Price Outlook

Comex silver price is holding firm near $85 after marking a fresh lifetime high, trading comfortably above its short- and medium-term moving averages following a decisive breakout from consolidation. Technical experts suggest that while the $85 zone may invite intermittent profit-taking, a clear breakout above $86-$88 could trigger the next impulsive move toward $90-$95, with strong support seen in the $80-$83 zone.

For MCX silver, sustained strength above ₹2,70,000 keeps upside momentum intact, with a breakout beyond ₹2,72,000 potentially propelling prices toward ₹2,85,000-₹3,00,000 levels. Any corrective move below ₹2,60,000 may test the ₹2,55,000-₹2,45,000 support zone, where fresh buying interest is expected to emerge.

Robert Kiyosaki, the American businessman and author of the bestselling book Rich Dad Poor Dad, has issued a cautionary warning to investors about silver prices, suggesting the precious metal may be approaching a significant peak. His comments highlight growing concerns about potential volatility in the commodity markets.

Kiyosaki's Market Warning

In a post shared on social media platform X (formerly Twitter), Kiyosaki expressed his view that silver appeared to be "peaking" in terms of price levels. The businessman warned investors that a major correction could be on the horizon, urging caution in current market conditions.

Kiyosaki's warning centers on the principle that while moderate gains are sustainable, excessive speculation can lead to significant losses. His commentary suggests that current silver prices may have reached unsustainable levels that could trigger a sharp pullback.

Investment Caution Advised

The Rich Dad Poor Dad author specifically cautioned investors to exercise restraint in the commodity market, particularly with silver investments. His warning implies that while silver may have longer-term upward potential, near-term price action could see substantial corrections.

Kiyosaki's market commentary comes at a time when precious metals have attracted significant investor attention. His warning serves as a reminder that even traditionally stable commodities can experience periods of high volatility and price corrections.

Market Implications

The businessman's cautionary stance reflects broader concerns about commodity market dynamics and the potential for price reversals after significant rallies. His warning suggests that investors should carefully consider timing and risk management when making precious metals investments at current price levels.