Silver Price Breaks $70 on Dec 23, 2025 — and Hindustan Zinc Becomes the Stock Market’s Silver Proxy
Global silver prices broke above $70 per ounce for the first time on December 23, 2025, triggering record highs on India’s MCX, where silver spiked to nearly ₹2,17,800 per kg. Hindustan Zinc shares climbed over 3% as investors bet on higher earnings from the company’s major silver production. The surge was fueled by strong industrial demand, tightening supply, and expectations of U.S. rate cuts.