Silver prices have reached India’s life time high. On the other hand, there are 17 years of peak in foreign markets. The question is that what are those reasons, due to which silver prices are seeing a rise. According to experts, there are 7 reasons behind the rise in silver prices. The most important reason is the crash of gold silver ratio, the ratio between the two has lost 20 percent in the last one month.
On the other hand, there is a boom in the industrial bike. The supply is very low. Due to which prices are being seen. Jio political tension has decreased. Bing is being seen in EPF. Demand is being seen in solar energy. The most important dollar index has seen a decline of about 11 percent.
If we talk on Tuesday, then the price of silver has come down by 3000 rupees from its life time high. Currently, silver is trading with a decline of Rs 250. Even after that, there has been an increase of 6 percent in silver. This is the reason that the kind of silver seen in the last fortnight has become a topic of discussion. Let us discuss the reasons behind the rise in silver.
Silver prices rise
The month of currently the month of currently, there has been an increase of 6 percent silver price in the half. Talking about the figures of multi -commodity exchange, the price of silver has seen more than 6 percent. This means that silver has seen an increase of Rs 6,443 per ten grams in July. On June 30, the price of silver was seen at Rs 1,06,292 per ten grams. Which during the trading session on July 15, silver prices came to Rs 1,12,735 per ten grams. Talking about the last one week, the price of silver has been seen by more than 4 percent. On July 7, the price of silver was seen to be Rs 1,08,321 per ten grams.
How silver prices increased in July
| date | Silver closing price ,Rupees per kg, |
| 15 july | 1,12,735 ,During the business session, |
| 14 july | 1,12,936 |
| 11 july | 1,13,001 |
| 10 july | 1,09,123 |
| 10 july | 1,09,123 |
| 9 july | 1,07,265 |
| 8 july | 1,07,985 |
| 7 july | 1,08,321 |
| 4 july | 1,08,429 |
| 3 july | 1,08,236 |
| 2 july | 1,07,518 |
| 1 july | 1,06,713 |
| Source , Multi Commodity Exchange | |
7 reasons for increase in silver
- Gold silver ratio: In the last one month, there has been a decline of 20 percent in the gold silver ratio. Due to which there has been a big rise in silver prices. On April 22, the gold silver ratio was at the level of 107, which is being reduced to 86.20. Due to which the performance of silver has been seen better.
- Dollar fall: The main reason for the rise in silver is also a decline in the dollar index. If we look at the data, the dollar index has seen a 10 percent decline in the current year. Whereas in 3 months, the dollar index has broken by 2.27 percent. The support of which silver is seen getting.
- Jio Political Tension: Jio political tension has also been seen less. On the other hand, the pressure bullion market of Trump Tariff has absorbed. Due to which there is a boom in gold and silver. According to experts, the effect of tariff war is not seen in the commodity market at all.
- Bing in ETF: In the last one year, the growth rate of silver exchange-traded funds (ETF) has overtaken the ETF of gold, while gold prices have performed better than this precious metal during this period. Since last year, June 2024, silver ETF AUM has increased from Rs 7,473.34 crore to Rs 16,866.20 crore by May 2025, which is an increase of 125.68 percent. By May 2025, more than 8.37 lakh silver ETF investors were folio.
- Supply side will be less: In addition, silver supply is low. According to experts, the silver market is in loss in the fifth consecutive year. Due to which there is a decline in the supply of silver. According to experts, in the coming days, there may be further decline in the supply of silver.
- Demand for Solar Energy: The industrial demand for silver has been increased. Especially to make solar panels. According to the report, silver industrial demand is estimated to reach a record level of more than 70 million ounces, which will promote continuous growth of green economy. High industrial demand is increasing prices. Silver is very high in industrial production. With Trump solving the tariff issue with China, industrial demand is increasing.
- Technical Breakout: At the domestic level, silver decisively broke the Rasistance level of Rs 1,10,000 and has seen an increase of above Rs 4,000 in only three sessions. Due to which the price of silver has been increased. However, after the recent indication of not cutting any cuts in interest rates in July by Fed in July, it is necessary to take care.
Record broken 17 years in foreign markets
On the other hand, the record of 17 years of silver prices has been broken in foreign markets. Looking at the comex data, the Silver Future is trading with around $ 39 per onon. Whereas on July 14, the Comex Silver Future broke the 17 -year record with $ 39.570 per onon. According to the data, in the month of July, the price of Silver Future has been increased by 7 percent on the comex. On Tuesday, silver reached the day high with $ 38.720 per onon. The special thing has seen a decline of more than 2 percent from silver record high in 24 hours.
How to increase silver prices in foreign markets in July
How much can silver come by the end of the year
According to Ajay Kedia, director of Kedia Advisory, silver prices may continue in the coming days. The reason for this is that the fed can cut another rate in the coming days. Which will affect the dollar index and the price of silver will be seen. On the other hand, the supply side is still weak and which is expected to continue further. There is an increase in industrial demand. He said that increasing industrial demand is a better sign for the economy. He said that by the end of the year, silver prices can be between 1.25 and 1.30 lakh rupees.