What is the silver price today and how does it compare globally?

As of December 22, MCX silver futures touched a record near Rs 2,14,534 per kg, while global spot hovered around $68.65 per ounce. The gap between local futures and international prices reflects currency, taxes, logistics, and premiums. Intraday levels change quickly, especially in holiday-thinned trade, so check your broker or exchange feed for the latest tick. For context, this surge puts the MCX silver price at a silver record high, supported by ETF inflows and tight supplies.

Why did silver hit a silver record high on MCX in India?

Multiple forces lined up together. Investment demand firmed as ETFs saw inflows. Official-sector interest helped tighten float further. On the supply side, export curbs and low inventories reduced available metal. Industrial pull from solar and EV applications added steady demand. With these supports in place, any dips met buying interest, lifting the today silver rate and pushing the MCX silver price to fresh highs. Thin year-end liquidity likely amplified the move.

Is it a good time to buy silver now or should I wait?

If you invest for the long term, consider staggered purchases or SIPs in silver ETFs to average costs and avoid chasing peaks. Keep silver as a small slice of your portfolio so a swing does not derail goals. If you are a trader, define risk first and use stop-losses. Given holiday-thinned volatility, it can be wise to wait for calmer sessions rather than buying breakouts. Avoid leverage beyond your plan and review allocations quarterly.

What should Indian traders and buyers watch in the coming days?

Track the dollar, US yields, and INR since they influence imported costs and sentiment. Watch headlines on supply policies or trade flows that can shift availability. Monitor MCX volumes, basis to global spot, and ETF premium or discount. Spreads can widen in fast markets, so use limit orders. If you hedge, check margin needs and liquidity for your chosen contract or option. Keep an eye on the today silver rate during low-liquidity windows, as moves can be sharp.

Global Market Insights

Silver Price Today, December 22: MCX Hits Record Rs 2.14 Lakh/kg as Supply Squeeze and ETF Inflows,

ByHuzaifa Zahoor December 22, 2025December 22, 2025

Silver price today surged as MCX futures hit a fresh record near Rs 2,14,534 per kg on December 22, while global spot traded around $68.65 per ounce. The rally is driven by strong ETF inflows, central bank interest, and tighter supplies amid China export curbs. Industrial demand from solar and EVs adds steady support. Analysts quoted in the Indian press see scope toward Rs 2.25 lakh in the near term and $70 to $80 by Q1 2026. With holiday-thinned volumes, traders should expect higher day-to-day swings in the MCX silver price.