Silver Commodities Update – Early 2026 **Market Overview** Silver prices have demonstrated significant bullish momentum in the first quarter of 2026, registering a surge of over **35%**. This rally has pushed valuations to record highs on the Multi Commodity Exchange (MCX), with prices breaching the critical threshold of **₹3,00,000 per kg**. **Key Drivers** * **Supply Dynamics:** The upward price trajectory is fundamentally supported by acute supply constraints in the physical market. * **Geopolitical Volatility:** Safe-haven demand has intensified due to escalating global instability. A sharp price acceleration was observed this week following renewed diplomatic tensions between the US and the EU. **Investor Sentiment** Current market conditions have triggered a strategic reassessment of positions as investors react to the heightened volatility and record valuations.