Silver prices have reached record highs, nearing $75 per ounce, driven by tight supply and strong industrial demand. Analysts suggest a potential for short-term profit-taking due to the sharp rally, but the long-term outlook remains bullish, with projections of $65-$80 through 2026. This trend is supported by persistent inflation concerns and economic uncertainties. Domestic futures also hit all-time highs, with prices showing uniformity across major Indian cities.