Gold shone in front of silver
There has been a big change in the world of investment in 2025. Since the beginning of this year, silver has given excellent returns leaving the gold behind. While silver has increased by 53 percent, gold prices have increased by 49 percent. The silver price on MCX has reached ₹ 1,44,179 per kg, breaking the record.
Why is the price of silver increasing?
Silver There are many big reasons behind this fast. First of all, silver is not just jewelery or decoration items, but now it has become a metal to meet industrial needs. Especially in the field of green energy such as making solar panels and electric vehicles, there is a great demand for silver in these things.
The second reason is the weakening of the dollar. Commodity prices rise due to dollar weakening, which has helped silver prices. Apart from this, investors are continuously investing money in silver ETF (Exchange Traded Fund) and decrease in silver supply.
Jigar Trivedi, senior analyst of Reliance Securities, said that investors are coming in silver because it gives the benefit of recovery of industries along with prevention of inflation.
Investors like silver
Gold has always been considered a safe investment, but this year the silver boom has proved that it has now become a dual role that has played a dual role. It also does the work of preventing inflation and also meets industrial needs.
Rahul Kalanatri, Vice President of Meta Equality, says that silver has touched the highest level after 14 years. They say that silver prices may increase further amidst America’s strong economy and global uncertainties.
How much silver price will increase now
Experts believe that silver prices will increase further in the coming months. According to Jigar Trivedi, silver can reach ₹ 1,70,000 to ₹ 1,75,000 per kg due to potential deduction in US central bank interest rates and both silver safety and industrial needs.
Rahul Kalanatri said that the close support level for silver is between ₹ 1,41,050 to ₹ 1,41,450 and the resistance level ₹ 1,42,950 to ₹ 1,43,800. Silver is considered a reliable and attractive investment in the uncertain environment of global economic policies and inflation.
Disclaimer: This article is only for information and should not be considered as an investment advice in any way. TV9 India suggests its readers and spectators to consult their financial advisors before taking any decision related to money.