Silver Prices Reach Record Highs Amid Strong Demand and ETF Growth in 2026

Silver prices have surged to record highs in early 2026, with spot silver reaching nearly $95 per ounce and MCX futures crossing Rs 3 lakh per kg. This rally, driven by supply constraints, geopolitical tensions, and strong industrial demand, has led to significant gains in silver ETFs, some delivering over 25% returns in January alone. Experts advise long-term investors to consider silver as part of a diversified portfolio, while noting price volatility and differences in ETF performance due to factors like expense ratios and tracking errors.