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Commodities

Silver Prices Surge to ₹2.55 Lakh Per Kilogram

Guavy AI Editorial Team
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Oil Silver
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Silver prices in India surged on September 11, 2026, reaching ₹2.55 lakh per kilogram. This represents a 9% gain from August's closing rate of ₹2.35 lakh per kilogram.

The recent increase in silver rates can be attributed to global trends, including a stronger US dollar and higher oil prices, which are expected to lead to increased inflation and tighter monetary policy from the US.

Rising demand for solar panels, electric vehicles, and data centers is also contributing to the growth of industrial use for silver. However, measures to reduce silver usage in photovoltaic manufacturing may curb this demand.

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