New Delhi, Dec. 10 -- Silver rates jumped 2% to hit their fresh record high near Rs.1,92,000 per kg on the MCX in intraday trade on Wednesday, December 10, amid a rally in gold prices. MCX silver March contracts hit a record high of Rs.1,91,800 per kg while MCX gold February contracts rose to an intraday high of Rs.1,30,502 per 10 grams during the morning session on Wednesday.

Spot silver prices have surged over 108%, while spot gold has jumped 68% this year so far. On December 31 last year, spot silver prices were Rs.85,851 per kg; on December 9 this year, they were at Rs.1,78,861 per kg. Similarly, domestic spot gold was Rs.75,913 per 10 grams on December 31, 2024, and on December 9 this year, it was at Rs.1,27,762.

Gold and silver pr...