- Silver price towards 2 lakhs?
- Today silver price at 1.91 lakhs
- A whopping 120% growth in the last 5 years
Silver Price 2025: Gold and silver prices in India have already recorded their biggest annual performance. Gold prices have risen 66% this year through early December. Silver prices also increased by 85%. 2025 is shaping up to be a great year for gold and silver investors. Interest rate cuts by the US Federal Reserve and a weaker Indian rupee have supported the rally. Silver has outperformed gold in this regard.
Silver has already doubled this year, currently trading above Rs 191,100 per kg in the market. Investors are eyeing whether silver can reach Rs 2 lakh per kg in 2025. According to some, silver’s bullishness is expected to continue next year. According to him, the price of silver may reach 2.3 lakh per kg.
Also Read: IDBI Privatization: Strong preparations for IDBI privatization begin..; Big change in India’s banking sector?
Commodity and currency analysts at Choice Broking say silver is now expected to rally after a prolonged breakout. Traders should also buy when the price drops. A report by the Central Board of Direct Taxes (CBDT) revealed that the price of silver has increased by 120 percent in the last 5 years. In 2020, silver price will be Rs.50,000. 55,000 from Rs. had increased to There are many reasons for its price increase. These include increased industrial demand, increased safe-haven investment due to financial uncertainty, government policies and changes in the global economy.
Also Read: Investment Focus: A golden opportunity to invest in ‘this’ fund that drives India’s growth
The price of gold rose in the market today. In the national capital Delhi, the price of 24 carat gold rose to Rs 130,740 per 10 grams. In Mumbai, the price was recorded at Rs 130,590 per 10 grams. Gold prices are strong in the international market as well. Silver price is Rs 191100 per kg. The spot price of silver in the international market is $58.47 per ounce. Both domestic and global factors affect gold and silver prices.
Comments are closed.