Silver hits record Rs 3 lakh/kg on MCX as Trump’s tariff threat stokes market anxiety
Silver on the Multi Commodity Exchange (MCX) crossed the Rs 3 lakh per kilogram mark for the first time and the contract reached Rs 3,01,315/kg. It is currently trading around ₹3,00,479/kg and is registering an increase of around 4% on the day. The rise came as US President Donald Trump threatened 10 percent tariffs on eight European countries, sending investors into precious metals amid geopolitical tensions.
Silver on the Multi Commodity Exchange (MCX) crossed the Rs 3 lakh per kilogram mark for the first time and the contract reached Rs 3,01,315/kg. It is currently trading around ₹3,00,479/kg and is registering an increase of around 4% on the day. The rise came as US President Donald Trump threatened 10 percent tariffs on eight European countries, sending investors into precious metals amid geopolitical tensions.
