New Delhi, Dec. 23 -- Silver rate today soars to $70 for the first time in history tracking positive global cues. Escalating US-Venezuela tensions and a decline in the dollar index fuelled the rally in the precious metals. Also, expectations for more US rate cuts also aided the sentiment, making them more attractive to investors.

MCX silver surged by 1.7% to its record peak of Rs.2,16,596 per kg. Meanwhile, MCX gold February futures jumped by 1.1% to its all-time high of Rs.1,38,300 per 10 grams.

Meanwhile, Spot Silver hit a new high of $70.0055 in intra-day deals today.

Domestic spot prices have jumped 76% so far this year, while international gold prices are up nearly 70% in 2025 to date, putting the metal on track for its strongest ...