Silver Crosses Rs 3 Lakh Mark as ETFs Rise 30%; Investors Weigh Outlook and Price Targets
Silver Futures Surge
**Price Action**
MCX silver futures witnessed a sharp rally, advancing **5%** to breach the critical psychological level of **₹3,00,000 per kg**.
**Key Drivers**
Buying momentum is being driven by robust safe-haven demand amid escalating geopolitical tensions. Market sentiment has been particularly impacted by US President Trump’s strategic bid for Greenland and renewed threats of trade tariffs on Europe.
**Performance Context**
Following this surge, silver has recorded year-to-date gains of approximately **30%** in 2026.