Silver prices may cross Rs 3 lakh in the next few hours.Image Credit source: ChatGPT
The next 24 hours are going to be especially important for silver. There is a reason for that too. Many such factors are going to work in 24 hours, which can take the price of silver beyond Rs 3 lakh. The special thing is that on Tuesday, the price of silver in the country’s futures market had reached close to Rs 2.80 lakh and when the market closed, it was beyond Rs 2.75. This means that silver has crossed the important level of Rs 2.75 lakh for the barrier of Rs 3 lakh. If the rise in prices continues on Wednesday, the prices will increase by Rs 10 thousand to Rs 15 thousand, then by the closure of the market on 15th, the price of silver will touch Rs 3 lakh.
Well, many reasons are being given behind this. Experts say that America’s inflation data has arrived. Which is 2.7 percent. In such a situation, the Fed can once again take a decision regarding cutting interest rates. Due to which there has been a rise in the prices of silver in the international market. On the other hand, the tussle between the Fed and Trump is continuously increasing. Trump has imposed very serious criminal charges against the Fed Chairman. In such a situation, a new Fed Chairman may be announced soon, who will be of Trump’s choice.
A hearing is also going on in the American court regarding the tariff, the decision of which is to be taken on January 15 only. In such a situation, if Trump gets relief on tariffs, then a rise in silver prices is possible. The kind of geopolitical tension being seen with Iran, Cambodia, Cuba and Venezuela is also continuously supporting silver. At the same time, gold silver ratio is also working as an important factor in this. Which is currently at its lowest level in 13 years. Which is likely to reach 45 in the next few hours.
If this happens, then silver can make a history of 100 dollars in the international market and can touch the level of Rs 3 lakh for silver in the country. Most importantly, the rise in the dollar index, pressure on the rupee and increase in industrial demand are also acting as important factors. These are all the factors due to which a big jump can be seen in the prices of silver.
At present, the price of silver in the futures market of the country is beyond Rs 2.75 lakh. To cross the level of Rs 3 lakh, silver needs about Rs 25 thousand i.e. 9 percent. The special thing is that so far in the month of January, an increase of about 17 percent has been seen in the prices of silver. During this period, an increase of more than 5 percent has been seen in the prices of silver for some days. In such a situation, it would not be wrong to say that the price of silver may not reach the level of Rs 3 lakh in the next 24 to 36 hours.
These are the reasons why silver will reach beyond Rs 3 lakh
- Inflation figures in America:Inflation figures for the month of December have been released in America. If we look at the figures, the inflation figures in December have come as per expectations. CPI inflation in America increased by 2.7 percent in December. This means that the Federal Reserve may cut interest rates in the coming days. Due to this, there has been a rise in the prices of gold and silver in the international market. Where gold prices have crossed $4600 per ounce. On the other hand, the price of silver has reached $90 per ounce. This means that it will not take much time for silver to reach $100.
- Fight between Fed and Trump:On the other hand, the war between the Federal Reserve and Trump is becoming increasingly intense. Trump has imposed several serious criminal charges against Federal Reserve Chairman Jerome Powell. On the other hand, Fed has also linked it to Fed Independence. If Trump has his way, Jerome Powell may also be removed from his post. In his place, a person who is close to Trump and can cut interest rates can be appointed. If this happens, we may see a further rise in silver prices. However, its decision is also expected to be taken in the next few hours.
- Supreme Court decision on Trump tariffs:There is also a possibility of the Supreme Court’s decision on Trump tariffs on January 15. Bullion will depend a lot on this decision. Whatever the result, there is a lot of tension among investors. Due to which the inclination of common investors has increased towards safe haven. Due to the inclination of this safe haven, there is a possibility of rise in the prices of gold as well as silver. However, there is a possibility of a conflict between Trump and the Supreme Court. Due to which the tension among investors seems to be increasing considerably.
- Impact of 500 percent tariff:A bill against Russia is coming in the US Parliament. Under this bill, there is a possibility of tariffs being imposed on countries doing business with Russia. This tariff can be up to 500 percent. If this bill is passed then it can be used against India, China and some other countries of the world. There is a reason for this also. India has not yet completely stopped buying Russian oil. Also, trade relations between India and Russia are not limited to oil only. But a lot of business is also done in the defense and agriculture sectors. The fear of which is also spread among investors and is supporting silver along with gold.
- Geopolitical Tension:American tension with Venezuela and Iran has now come to the fore. Which are acting as a trigger for the rise in gold and silver. On the other hand, Cuba and Cambodia have also come in this list. In such a situation, there is no possibility of any reduction in geo-political tension in the coming days. Also, if there is no agreement between Russia and Ukraine, then that can also prove to be a big factor. Due to which the interest of investors in gold and silver is increasing significantly.
- Gold and Silver Ratio: Gold and silver ratio is also acting as a very important factor. Due to which there is a rise in the prices of silver. If we talk about Wednesday, there has been a decline in the gold silver ratio. At present the gold silver ratio is at the level of 51.556, which is the lowest level seen in the year 2013 i.e. about 13 years. According to experts, if the gold silver ratio comes to the level of 43 then silver prices can cross the level of $ 100 per ons. The last time the gold silver ratio was seen at the level of 45 was in September 2011.
- Industrial demand for silver: Industrial demand for silver is also promoting the rise in prices. Although there was a 2 percent decline in silver demand in the year 2025, but according to a research paper published by scientists at the University of New South Wales, solar energy makers are likely to require more than 20 percent of the current annual supply of silver by 2027. By 2050, about 85-98 percent of current global silver reserves will be used in the production of solar panels. This means that there may be a tremendous increase in the demand for silver. Whereas there is a continuous decrease in supply and production.
- Effect of fall in rupee also:The impact of the fall of rupee in dollar is also clearly visible. Silver is imported. In such a situation, if the rupee falls against the dollar, then the price of silver will automatically increase at the local level. In the current year, there has been a decline in the rupee against the dollar. On December 31, 2025, the rupee was strong below 90 against the dollar, which currently appears weak at the level of 90.30. By the way, in the year 2025, a decline of more than 5 percent has been seen in the rupee against the dollar.
What are you saying after knowing?
According to Ajay Kedia, Director of Kedia Advisory, the price of silver may continue to rise in the coming days. According to the technical chart of silver, as soon as the gold silver ratio reaches the level of 43, the price of silver can reach the level of $ 100 per ounce in the international market i.e. Rs 3 lakh at the local level. He said that geopolitical tension, tension between Fed and Trump, industrial demand for silver, inflation figures, possible cut in interest rates by the Federal Reserve are all the factors which are enough to increase the prices of silver.
Rise in gold and silver prices
By the way, there is a rise in the prices of gold and silver on the Multi Commodity Exchange on Wednesday. If we look at the data, the price of silver is trading at Rs 2,82,450 with an increase of Rs 7263 at 9.10 am. Whereas during the trading session it also reached life time high of Rs 2,82,750. On the other hand, there is an increase in the price of gold and at 9.10 am it is trading at Rs 1,42,981 with a rise of Rs 740. Which crossed Rs 1.43 lakh for the first time and set a new record of life time high.
On the other hand, a rise in gold prices is also being seen in the international market. Gold future prices are seen at $ 4,632.70 per ounce. Whereas on January 13, the prices had reached a record level of $4,643.34. Gold spot prices are seen at $ 4,624.00 per ounce in New York. Whereas the record level of $ 4,634.76 per ounce was reached on January 13 itself. On the other hand, the price of silver future is very close to $ 90 per ounce. And currently trading at $ 89.813 per ounce. Silver spot prices are trading at $ 89.8485 per ounce, but it has crossed the barrier of $ 90 per ounce.