Silver rate today: Silver prices jumped sharply on Wednesday, December 17, rising over 4% on the MCX to hit record high, while globally the metal surged past the $65 mark for the first time. The rally was fuelled by weaker US labour data, which revived expectations of interest-rate cuts, putting pressure on the dollar and lifting demand for precious metals.
Investors also monitored escalating tensions in Venezuela, adding to the metal’s safe-haven appeal. Silver climbed to a fresh all-time high, extending its powerful upward momentum.
