The Indian commodity markets witnessed a historic surge on Wednesday, December 17, 2025, with silver futures skyrocketing to an unprecedented peak. This remarkable rally was mirrored by a steady climb in gold prices, highlighting a strong bullish sentiment for precious metals among investors.
Silver Scales Unprecedented Heights
The most striking movement was seen in the silver contracts. Silver futures catapulted to hit a record high of Rs 2.05 lakh per kilogram on the domestic exchanges. This surge was not an isolated event but part of a powerful global trend. In international markets, the white metal's price successfully breached the significant milestone of USD 66 per ounce, providing a strong underpinning for the domestic rally.
Gold Maintains Its Steady Ascent
While silver captured headlines with its explosive jump, gold continued its own steady upward march. Data showed that gold futures for February delivery increased by Rs 169. This represented a gain of 0.13 per cent, taking the price to Rs 1,34,578 per 10 grams. This rise came in comparison to the previous trading session's close of Rs 1,34,409 per 10 grams. The simultaneous rise of both metals suggests a broad-based demand for safe-haven assets and precious metals as a store of value.
Market Implications and Investor Sentiment
The record-breaking performance of silver, supported by firm global prices, signals intense investor interest and potentially strong industrial demand projections. The parallel rise in gold futures further cements the positive outlook for the bullion sector. Analysts point to a combination of factors, including currency fluctuations, geopolitical uncertainties, and inflationary concerns, driving capital into tangible assets like silver and gold. For retail and institutional investors in India, these levels represent a critical market moment, influencing portfolio strategies and commodity-focused investments. The data, reported by PTI at 08:51 IST, marks a significant day for the commodities market, setting new benchmarks for future price action.
