Silver price hits record high on MCX: Silver prices on MCX surged to a new all-time high today, reaching ₹3,27,998. This sharp rally becomes even more striking when we look at the performance so far in January 2026.
On 1 January 2026, silver recorded a monthly low of ₹2,33,850. From that point to today’s peak, the price has jumped by approximately ₹94,148, reflecting an extraordinary 40.25% increase within just 14 trading sessions.
This means that, on average, silver has risen by roughly ₹6,724 per session, a pace that is unusually aggressive for a commodity that typically moves more gradually.
Such rapid upward movement in a short period can sometimes signal market imbalance, speculative activity, or unusual external factors. While the trend appears strongly bullish, the speed of the rise is unusual enough to warrant caution.
Is a Market Correction Coming?
This sudden 40.25% surge—averaging more than ₹6,700 per session—has raised eyebrows across the commodity market. While strong global demand, supply constraints, or speculative activity may be contributing to the rally, the pace of the rise appears unusually steep. Such rapid spikes often precede sharp pullbacks, making investors question whether a market correction could be looming. As excitement builds, so does the need for caution—traders are advised to assess risks carefully before entering at elevated levels.
Alert
Investors are advised to stay alert, verify market conditions thoroughly, and exercise prudence before making any new investment decisions in silver at these elevated levels.
Also, check tomorrow’s prediction of gold price.
Angel One (Trading & Demat Account)