Silver prices Breaking barriers: Next RS 1.5 LAKH/KG The next stop for white metal?

Silver has organized a competitive rally this year, with prizes on MCX that recently hit RS 1.25,000 per kg and in February 2025 of approximately RS 97,000 climbing. The increase is powered by a mix of global momentum, industrial demand and the tightening of the supply.

With the rally in motion, analysts look at the next visible target of RS 1.50,000, substantiated by structural factors that are expected to keep silver floating in the short term.

The rally is not limited to the demand for safe haven. The growing role of Silver as an industrial metal, in particular in solar panels, batteries of electric vehicles, 5G networks and medical devices, adds considerable support to prices.

On the supply side, the limitations remain tight, whereby global demand exceeds the supply for four consecutive years. Shortages of 148.9 million ounces in 2024 and another 117.6 million ounces projected in 2025 the Bullish sentiment strengthened.

Jahol Prajapati, research analyst at Samco Securities, noted that “we had recommended silver on February 20, 2025 when the price was around RS 97,000, with an objective of RS 1.17,000 in our Samshot. That goal has now been successfully achieved, silver future rs. 1,25,000/kg, the in Sync, in Sync, in Sync, in Sync, in Sync. RS 1,25,000/kg, in Sync. Reasons behind this process are structural.

Prajapati added that “the Rally of Silver is not only about the demand for safe harbor-it is re-defined as an industrial powerhouse. In August 2025 the US officially added silver to its critical mineral list, recognizing the central role in solar panels, EV-Batterijen, 5G networks and medical equipment and medical equipment and medical equipment and medical equipment and medical equipment and medical equipment and medical equipment and medical sets and medical equipment. 117.6 million ounce deficit expected in 2025. ”Analists who follow the market said that the Rally of Silver was fed by both worldwide signals and domestic factors.

According to an earlier interaction with etmarkets, Manoj Kumar Jain van Prithivifinmart Commodity Research had said: “Overall long -term trend is super bullish for silver and the prices are likely to be at the end of 2026 and Rupees at the end of 2026 and Rupees by the end of 2026 and Rupees.”

Following similar optimism, Jigar Trivedi, senior research analyst – currencies & commodities at Reliance Securities, had stated that “silver remains on the right track for healthy monthly profit.”

Trivedi projected milestones both in the short and in the long term, which stated that “Silver traded around $ 38.8/oz and was on its way to win around 6% in August … For the long term the prices can rise to RS 1.40,000/kg (by summer 2026).”

Also read: Gold prices rise with RS 6,500 in the past 1 month to reach the record high of RS 1.07.807/10G. Time to make a profit?

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)