Silver rate: Silver prices at all-time high, beating gold, know what is the China connection

New Delhi: With the increase in financial risk, the price of gold and silver often increases. Although most people buy gold rather than silver, silver has done wonders for some time now. Silver has given tremendous returns compared to gold. On Wednesday, the price of silver reached its all-time high level.

Today, the price of 1 kg silver on the Multi Commodity Exchange was Rs 116551, which is its lifetime high level. While the price of silver in the international market is at a 14-year high. At the same time, the gold rate is trading near its all-time high level. The price of gold on MCX was Rs 1 lakh 555 on the third trading day of the week i.e. 23 July 2025.

Silver turned out to be better than gold!
Gold and silver have given great returns in the Indian market. However, silver has given more returns than gold. In the last 1 month, while gold has given a return of 3%, silver has given a profit of 9%. In the last one year, gold has given a return of 32%, while silver has given a return of 36 percent.

Why is silver rising so much?
Silver is looking better on the chart according to the fund. Due to gold being expensive, people are focusing more on silver, due to which its demand is increasing. This is the fourth consecutive year, when the industrial demand of silver is high.

Is China behind the rise in silver?
China’s connection has also come to the fore behind the rise in silver. Actually, China is focusing on auto electrical components, due to which its demand is increasing rapidly. For the fifth consecutive year, more demand is being seen in the supply of silver.

Will the boom continue till Diwali?
Along with silver, the price of gold is also rising. In the Indian market, 10 grams of gold has reached above Rs 1 lakh and is very close to its all-time high level. If global brokerage is to be believed, the price of gold and silver is expected to remain high till Diwali.