Silver Prices May Soar to ₹3.25 Lakh/kg with Global Factors Aligned
Silver prices may reach as high as ₹3.25 lakh per kg if global factors align, according to commodity-market experts.
The current price of around ₹2.40 lakh/kg could surge due to a softer inflation outlook, eventual Federal Reserve rate cuts, and a weaker US Dollar.
N S Ramaswamy, Head of Commodity & CRM at Ventura, expects silver to remain volatile in the near term but stabilize in the medium term if these conditions are met.