06 Jan 2026 | 5 Mins Read
US-Venezuela crisis drives silver to record high, should you invest?
Flipitmoney
Silver prices on India's MCX hit a fresh record high, surging ₹9,645 per kilogram to ₹255,800 per kilogram on January 6, 2026, due to US-Venezuela tensions. The March 2026 contract rose 3.9%. Experts predict rising silver prices and potential targets of $82 per ounce (₹255,100 per kg) with sustained growth and potentially $84 (₹260,000) if prices persist.