India, Jan. 20 -- Silver prices soared to breach the INR 3 lakh-per kg-mark for the first time in futures trade on Monday, s escalating trade tariff tensions over Greenland and a weak US dollar boosted demand for the safe-haven asset.On the Multi Commodity Exchange (MCX), silver futures zoomed by INR 16,438, or nearly 6 per cent, to hit a record of INR 3,04,200 per kilogram. Over the past week, silver futures rallied by nearly 14 per cent, or INR 35,037.

Since the beginning of 2026, it has rallied INR 68,499, or 29 per cent, from INR 2,35,701 per kilogram recorded on December 31, 2025.Gold prices also strengthened in tandem, scaling fresh record highs. The yellow metal for the February contract advanced by INR 2,983, or 2.09 per cent, to...