Silver prices hit record high of Rs 1,20,000 amid US tariff impact

August 28, 2025

Silver prices in New Delhi hit a record high of ₹1,20,000 per kilogram. This surge happened as investors sought safe-haven assets. The US tariff on Indian products has taken effect. Gold prices also increased, reaching ₹1,01,270 per 10 grams. Political uncertainty after Donald Trump’s dismissal of Lisa Cook, a Federal Reserve Governor, further fueled the rise in prices.

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