From sky-high peaks to sudden plunge, silver and gold face brutal correction within days, wiping out massive gains and exposing the volatility behind the explosive early-2026 rally
Historic Rally: Precious Metals Break All-Time Records as Gold and Silver Soar to Never-Before Levels.
Silver prices that hit Rs 200,000-per-kilogram (kg) milestone in India on Friday have more room to climb, suggests a note from Axis Securities.
"Gold prices surged by ₹4,000 to ₹1.06 lakh per 10 grams, while silver crossed ₹1.23 lakh/kg amid global uncertainty and rising demand. Experts predict further upside if trends continue."
As per the All India Sarafa Association, gold with 99.9 per cent purity reached a new record high of Rs 83,100 per 10 grams on Friday, up from Rs 82,900 on Thursday.
MCX Gold for December 5 expiry hit its fresh record high of ₹78,260 per 10 grams, while MCX Silver for Dec 5 expiry rose to a fresh all-time high of ₹98,224 per kg
Uttar Pradesh came second with 62 medals including 25 gold, 23 silver, and 14 bronze, while Tamil Nadu finished third with 20 gold, eight silver, and 14 bronze medals. Athletes from 32 states and Union Territories participated in the Games
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