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Commodity News Details
Hot Commodities: MCX silver spikes Rs 12,000; hits $91 in international market
14-Jan-2026 11:48
MCX March silver futures soared over Rs 12,000 to hit an intraday high of Rs 287,990 per kg on Wednesday, tracking a global rally that pushed silver above $91 per ounce. Investors sought exposure to the precious metal amid geopolitical tensions, rising global debt, and concerns over the US Federal Reserve's policy direction. Expectations of two Fed rate cuts starting in June, following US inflation data in line with forecasts, provided additional support. Strong investment inflows and rising industrial demand'driven by clean energy and AI technology adoption'further bolstered the bullish momentum in silver markets.

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