Silver prices have skyrocketed by a staggering 1,500% in last two decades, according to Bloomberg. Based on silver's spot price on December 23, 2005, which was ₹12,650 per kg, a person buying silver worth ₹1 lakh would've gotten 7.9-kg silver. As silver prices have jumped to ₹2.09 lakh per kg on Tuesday, the 7.9-kg silver would be worth ₹16.57 lakh.