| 10 Dec 2025 09:56 | | Hot Commodities: COMEX Silver breaks $62 per ounce, all eyes on Fed & Powell | | | Silver surged to fresh record highs, crossing $62 per ounce internationally and breaching ₹190000 per kg on the MCX in early Asian trade. Traders moved cautiously ahead of the Federal Reserve’s policy decision, where a third 25-basis-point cut is widely expected, while Powell’s remarks on the 2026 outlook remain pivotal. The metal continues to draw strength from both safe-haven demand and firm industrial usage, reinforcing its dual-role appeal. According to the Silver Institute, record prices, tight liquidity, elevated lease rates, and strong CME vault deliveries have defined a transformative year. Despite a modest rise in supply and a projected dip in total demand, the market remains in a structural deficit for the fifth straight year, supporting silver’s bullish tone.
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