With a doubling in price and a supply-demand mismatch unlikely to resolve soon, silver heads into 2026 with strong structural support.
Axis Securities maintains a constructive outlook on silver, citing multiple tailwinds that continue to sustain the rally even as valuations stretch
On the downside, gold prices, WGC said, can slip 5 per cent to 20 per cent in CY26. For that to happen, Donald Trump's policies need to succeed, resulting in stronger-than-expected growth.
The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself. That's been true for hundreds of years and will remain true now, Jim Rogers said
Looking ahead to 2025, with demand forecast at 1,148.3Moz against supply of 1,030.6Moz, the silver market, Nomura said, faces its fifth consecutive year of deficit at 117.6Moz
Gold rose to a three-week high, boosted by safe-haven demand after US President Donald Trump threatened tariffs on the European Union and Mexico
The World Bank expects silver demand to remain robust, supported by the grey metal's dual role as both an industrial input and a safe-haven asset
Usage-wise, silver has a 52 per cent demand from industrial applications, and one of the biggest demand growth driver is its use in clean energy applications such as solar energy and electric vehicles
Silver rate today: Improvement in risk appetite due to President Trump delaying European tariffs and stabilising bond yields are likely to support Silver prices
With multiple factors, viz geopolitical and economic risks supporting silver, the white metal may extend its gains
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹92,910
Interim support is at $29 (Rs 86,000). Resistance is at $30.90 (Rs 91,600) /$31.43 (Rs 93,200)
Silver has been subjected to intense selling pressure due to its industrial attribute. Nearly 64 per cent of the total demand for the metal is industrial, says Praveen Singh of Mirae Asset Sharekhan
Silver prices rose nearly 18 per cent in Q1 2025 as the it rallied around 3 per cent last week.
On March 27, spot gold rose to a fresh record high of $3,059 on safe haven demand coming on US imposing auto tariffs. A weaker dollar also boosted the yellow metal
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 80,510
Disappointing data out of the US viz retail sales, nonfarm payroll (considering the downward revision done by BLS) and NAHB housing Index are positive for the yellow metal
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,810
The recent uptick in gold prices in 2025 has been led by tariff threats by US president Donald Trump, which in turn have seen investors move away from equities to safer havens.
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 79,290