New Delhi, December 22: Global silver prices have surged to an all-time high, extending a broader rally across precious metals markets. This significant milestone follows closely on the heels of gold's own record-breaking performance, driven by a confluence of geopolitical uncertainties, persistent inflationary pressures, and robust safe-haven demand from investors. The white metal's ascent has now shifted market focus to its sustainability and potential future price targets. Scroll down to know the silver rate today, December 22, in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Jaipur.

Silver Rate Soars: Record-Breaking Performance

Silver's spot price recently surpassed its previous peak, reaching an unprecedented level in international markets. This upward trajectory reflects growing investor confidence and a renewed interest in commodities perceived as stores of value amidst a volatile global economic landscape.

The metal's strong performance underscores its appeal beyond traditional industrial applications, highlighting its role as an investment asset. Analysts note that silver has historically lagged gold in major rallies but often demonstrates greater volatility and percentage gains once momentum builds. Gold Rate Today, December 22: Gold Price Hits Record High After US Rate Cut, Check Prices of Yellow Metal in Mumbai, Delhi, Chennai, Kolkata, and Other Metro Cities.

Silver Rate Today, December 22, 2025

City Rate per 10 Gram Rate per 1 Kilogram
Chennai INR 2,310 INR 2,31,000
Hyderabad INR 2,310 INR 2,31,000
Mumbai INR 2,190 INR 2,19,000
Delhi INR 2,190 INR 2,19,000
Bengaluru INR 2,190 INR 2,19,000
Jaipur INR 2,190 INR 2,19,000
Kolkata INR 2,139 INR 2,13,900

The Gold Connection

Silver's current record climb is intrinsically linked to gold's sustained rally. Gold, often considered the ultimate safe-haven asset, has been breaking records for several months, propelled by central bank purchasing, geopolitical tensions in Eastern Europe and the Middle East, and expectations of future interest rate cuts by major central banks.

As gold gains traction, silver typically follows suit, albeit with its own unique market dynamics. Both metals benefit from a weakening U.S. dollar and a flight to safety during periods of economic uncertainty.

Drivers Behind the Rally

Several key factors are contributing to silver's remarkable ascent. Beyond its safe-haven appeal, silver benefits from strong industrial demand. It is a critical component in various high-growth sectors, including solar panels, electric vehicles, and electronics.

The global push towards green energy initiatives, in particular, has boosted demand for silver, as it is an essential material in photovoltaic cells. Supply-side constraints and potential mining disruptions also play a role in supporting prices. Furthermore, speculative buying and increased investor interest in commodity exchange-traded funds (ETFs) that track precious metals have added to the upward pressure. Railway Ticket Price Hike: Indian Railways Fares To Go Up From December 26, To Yield INR 600 Crore Extra Revenue.

Analyst Outlook and Future Targets

Market analysts are now closely monitoring silver's trajectory, with many revising their price forecasts upwards. While some caution about potential short-term corrections, the overall sentiment remains bullish, supported by fundamental drivers.

Experts suggest that sustained geopolitical instability and ongoing inflation concerns could continue to fuel demand for precious metals. Future price targets vary, with some analysts predicting further significant gains if the current momentum holds and industrial demand remains robust. However, a strengthening dollar or a significant de-escalation of global tensions could introduce headwinds. The intersection of investment demand, industrial utility, and macroeconomic factors positions silver as a key commodity to watch in the coming months.

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(The above story first appeared on LatestLY on Dec 22, 2025 12:32 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).