Silver Price Hits New Record on Dec 24, 2025: Spot Near $73, MCX Above ₹2.23 Lakh/kg as Fed Rate-Cut Bets and Global Tensions Fuel the Rally
Spot silver hit a record $72.70 per ounce on December 24 before easing, while gold climbed above $4,500, as investors sought safe havens amid U.S. rate cut expectations and geopolitical tensions. In India, MCX silver surged to an all-time high of ₹2,23,359 per kilogram, with gold futures also opening higher. Thin year-end liquidity amplified price swings.