In recent months, silver has been the focus of attention, with a notable increase in both demand and price compared to gold. On January 29, 2026, silver prices reached a record high of 4.20 lakh rupees per kilo but fell drastically to 2.25 lakh rupees by February 2, resulting in losses for many investors who had purchased near the peak price.

However, as of March 12, 2026, silver prices rebounded, climbing to 2.75 lakh rupees per kilo as investor and trader interest reignited following the previous dip. This resurgence indicates a renewed market enthusiasm for silver amidst various economic factors, highlighting the volatility and potential of the precious metal in investment scenarios.

The fluctuations in silver prices are attributed to both domestic factors and international influences, with profit-taking and global market conditions significantly affecting price dynamics. Investors are now watching closely the trends in silver and gold, as the latter has underperformed in the past two years compared to silver, which could indicate a shift in investment strategies among traders and households alike.