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Silver hits all-time high in India: Spot price crosses Rs 1.11 lakh/kg; what’s driving the rally?

Silver prices in India soared to a record high, surpassing Rs 1.11 lakh per kilogram, driven by global trade tensions and expectations of a dovish US Federal Reserve. This surge mirrored international trends, with spot silver climbing to $37.19 an ounce. Investors sought safe-haven assets amid geopolitical risks and tariff-related uncertainties, further fueled by Trump's aggressive trade policies.