India, Oct. 14 -- Silver prices continued its upward trend on Tuesday as well, with rates standing at Rs.1,882 per 100 grams in India. The surge in prices came amid increased prospects of US Federal Reserve rate cuts and the ongoing trade war between China and the US, which has reportedly boosted safe-haven bets.

India is silver's biggest market for silver globally and is currently seeing a huge surge in demand ahead of Diwali. The festive season demand spike is leading to a surge in prices, as premium reportedly jumped to as much as 10% over global prices.

On Tuesday too, silver prices saw a surge in India, even as Bloomberg reported that silver fell 2.2% after touching an all-time high above $53 an ounce in London.

A look at October ...