On COMEX, silver climbed to an all-time high of $79.70 per ounce on the March 2026 contract, marking a staggering rise of nearly 190% from its 52-week low of $27.545 per ounce. The rally has been equally dramatic in India, with silver prices on the Multi Commodity Exchange (MCX) touching a new peak of Rs 2,39,397 per kg on Friday.