Silver Rate Today: Silver price reached a peak, increased by Rs 17,000 in one day, what will be the price in 2026?

• Silver price increased
• Silver increased by how much rupees
• Silver prices skyrocketed

Even on Friday A rise in the price of silver It kept happening. She also achieved a new record on the last day of the week. Its price on MCX increased by more than ₹17,000. It touched ₹2,42,000 per kg during trading and finally closed at ₹2,40,935. Its price hit a new record high of $79.70 an ounce on the COMEX.

With this, silver is on track to become the second most valuable asset in the world. Its market capitalization has reached $4.4 trillion and is only 4.5% away from surpassing Nvidia’s value. If it overtakes Nvidia, it will become the world’s second largest asset after gold. At Friday’s closing price, Nvidia had a market capitalization of $4.638 trillion, making it the world’s most valuable company.

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Why is the demand increasing?

Silver is up almost 190% from a 52-week low of $27.545 an ounce. Experts estimate that silver prices may reach $100 per ounce in the short to medium term. Rising demand for safe-haven assets, rising industrial consumption and persistent supply shortages have boosted silver prices. Demand for solid-state batteries, in which silver is a key raw material, is also increasing. These batteries can fully charge a cell phone in just 10 minutes.

Experts say that global silver production is currently around 850 million ounces, while demand is estimated at 1.16 billion ounces. Apart from solid-state batteries, demand for silver is also increasing in electric vehicles and solar energy. Tensions between the US and Venezuela have disrupted the traditional Caribbean shipping route for silver, affecting silver exports from Peru, the world’s largest supplier. As a result, silver prices are expected to increase further in the coming period.

Will the price rise further in 2026?

Commodity experts believe that silver’s bullish trend is not over yet. Ventura’s head of commodities and CRM N.S. Ramaswamy According to him, silver may increase by up to 18% in the coming years. Industrial demand, limited supply and global economic conditions are supporting its prices.

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Gold vs Silver: Which is the Better Investment?

Ramaswamy believes that gold and silver should be viewed from different perspectives – a trader’s perspective and an investor’s perspective. Choosing between the two depends on your risk tolerance. He explained that investing in gold means more stability and asset protection, as gold is considered a safe bet.
Silver, on the other hand, has higher growth potential but is also more volatile, making it preferred by traders investment feel Silver prices often fluctuate rapidly, while gold rises slowly and steadily. Therefore, keeping a mixture of both is considered preferable. The right choice depends on your investment horizon, risk tolerance and financial goals. Ramaswamy also said that while gold has been bullish for the past 10 years, silver has been bullish for about five-and-a-half years and still has a long way to go.