In a sudden jump silver prices recently crossed their previous all-time highs and touched Rs 86,000 per kg (check live prices here)  and there is a lot of chatter that it is heading for Rs 1-1.25 lakh very soon. The silver bulls have a reason for the optimism. After making lows of $13-14 per ounce in 2022, the metal had been facing resistance around $25-27.