Silver prices in India saw a significant rally, with the rate for 10 gm coins in Delhi reaching 2,401. Globally, COMEX Silver surged to around $79.67 per ounce, a nearly 12% increase in a week. This rapid appreciation is attributed to strong industrial and investment demand, coupled with tight supply and structural deficits. Analysts suggest that dips present accumulation opportunities within a powerful long-term bull cycle, with potential price targets of $85-90 and beyond.