Silver Prices Today Jan 12 2026: Silver futures jumped to record highs in domestic and international markets on Monday as investors moved towards safe-haven assets amid rising geopolitical tensions.

Silver Prices Hit Record High as MCX and Global Contracts Surge

Silver futures continued their sharp rally on Monday, hitting record highs in both domestic and international markets as investors turned to safe-haven assets. On the Multi Commodity Exchange (MCX), silver for March delivery jumped Rs 11,271, or 4.46 per cent, to reach a lifetime high of Rs 2,63,996 per kilogram. Over the past week, the white metal zoomed Rs 16,409, or 6.94 per cent.

In global markets, silver for the March contract on Comex surged USD 4.56, or 5.8 per cent, to a historic peak of USD 83.90 per ounce, reflecting strong demand amid market uncertainties.

Analysts said the probe has heightened concerns over the Federal Reserve's independence, raising doubts about the stability of US monetary policy and driving a surge in demand for safe-haven assets like silver. The dollar index, which tracks the greenback against a basket of six currencies, slipped to 99.03, providing further support to silver prices in global markets. Adding to the uncertainty, President Trump is reportedly considering military action against Iran following violent anti-government protests, with analysts noting that Tehran may have crossed a red line.

Silver Rate Across Major Cities In India On Jan 12

Silver Price In Delhi Today

The current silver price in Delhi stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Chennai Today

The current silver price in Chennai stands at Rs 287 per gram and Rs 287,000 per kg.

Silver Price In Bengaluru Today

The current silver price in Bengaluru stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Mumbai Today

The current silver price in Mumbai stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Pune Today

The current silver price in Pune stands at Rs 270 per gram and Rs 270,000 per kg.

Silver Price In Kolkata Today

The current silver price in Kolkata stands at Rs 270 per gram and Rs 270,000 per kg.

Also Read- Gold Prices Surge to New Peak: 22K & 24K Rates Soar on Jan 12, Check Latest Prices in Your City

CityPer GramPer KG
Silver Rate in Hyderabad287287,000
Silver Rate in Ahmedabad270270,000
Silver Rate in Indore270270,000
Silver Rate in Lucknow270270,000
Silver Rate in Coimbatore287287,000
Silver Rate in Bhubaneswar287287,000
Silver Rate in Mysore270270,000
Silver Rate in Kanpur270270,000
Silver Rate in Salem287287,000
Silver Rate in Visakhapatnam287287,000
Silver Rate in Vijayawada287287,000
Silver Rate in Patna270270,000

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