Silver prices reached record highs on Wednesday, with domestic rates in Delhi hitting Rs 2.56 lakh per kg. This surge is attributed to escalating US-Venezuela tensions boosting safe-haven demand, alongside strong industrial buying and supply constraints. COMEX silver also touched a new all-time high of over $82 per ounce. While silver prices climbed, gold saw a slight dip as investors took profits, though geopolitical risks continue to support precious metals overall. Analysts suggest silver may continue its upward trend if international prices sustain.