Forget Gold, Devil’s Metal broke all the records. The market got scared after seeing this stormy form of Silver.
News India Live, Digital Desk: If you were surprised to see the price of gold, then now look at silver. The chaos that silver has created in the commodity market at this time has left even the biggest experts speechless. Silver has reached its “all time high”. But wait! Along with this boom in the market, a scary name is also resonating “The Devil’s Metal”. Sounds strange, right? Why is such a shining and profitable thing being called ‘devil’? Come, let us tell you its complete horoscope today, in very simple language. 1980, 2011 and now 2025: Is history repeating itself? The rise seen in silver today is not new. It had created a similar orgy twice more in history. That craze of 1980 (Hunt Brothers’ game): This incident is very famous. Nelson Bunker Hunt and William Herbert Hunt—these two brothers together tried to capture the world’s silver. They bought so much silver that there was a shortage in the market and the prices started touching the sky. It is called ‘Silver Thursday’. But when the balloon burst, the prices fell drastically and investors were ruined. Shine of 2011: After this, in the year 2011, silver once again reached close to 50 dollars. The reason then was the expectation of recovery after the economic recession. And now, in 2025, silver has again picked up the same pace. This time the reason is something else – industrial demand. Be it making solar panels, electric vehicles (EVs), or AI chips – there is huge demand for silver in all these and the supply is less. This is why the prices are rocketing. But why is it called ‘Devil’s Metal’? Now let’s come to that mysterious name. It is called ‘Devil’s Metal’ because its nature is very volatile. Understand simple mathematics – Gold increases slowly and gives you security in difficult times. But silver? Silver can make you a king one day and bring you down to earth the next day. The fluctuations in its price are so sharp that the heartbeats of weak-hearted investors stop. It lures, traps and then makes one fall, that is why in the old proverb it was called the ‘devil’ who tests the patience of investors. What should you do now? Today is December 14, and silver is a ‘hot topic’ in the market. Experts believe that as the world is moving towards green energy, there will be a need for silver. Meaning there is strength in the long term. But don’t forget the history of ‘Devil’s Metal’. As fast as it goes up, it can also come down just as fast if there is profit booking. If you are thinking of investing, then do not invest money just by looking at its shine, because understanding the temperament of this metal is not within everyone’s reach.
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