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Silver Prices Surge 4% to Record Highs on MCX
Silver prices hit record highs on MCX, surging 4% amid growing industrial demand and market uncertainty.
Silver prices have surged by 4%, hitting record highs on the Multi Commodity Exchange (MCX). This significant rise is attributed to a combination of factors including rising industrial demand, geopolitical tensions, and market speculation. Investors have flocked to silver as a hedge against inflation, driving its price to new levels. Analysts predict continued upward momentum for the metal.