Kolkata: After receding for several weeks, gold prices are again setting new records. But peeping from behind the headlines that gold is hogging, its poorer cousin silver prices are catching the attention of bullion traders. Bullion experts are wondering whether silver prices will against cross the psychological Rs 1 lakh per kg mark soon and whether they are going to remain in the elevated zone.

According to data from IBJA (India Bullion and Jewellers Association), the silver prices this week have been Rs 95,959 (Feb 18), Rs 97,000 (Feb 19) Rs 97,181 (Feb 20), Rs 96,844 (Feb 21) and Rs 97,000 (Feb 22, this rate is from West Bengal Bullion Merchants & Jewellers Association). Despite, this rise in prices of silver, experts are poitning out that the ratio silver:gold is languishing at 0.01, mainly due to the rise in gold prices. The rise of gold prices has happened to such an extent that the current silver:gold ratio is at its lowest. Incidentally, the all time high of silver-gold ratio is........

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