Silver shone a different way this year, turning into one of the hottest investment stories of the decade. From being priced at Rs 1 lakh per kg in June 2025, silver has almost doubled to Rs 2 lakh per kg within just four to five months, marking one of the steepest rallies in its modern trading history. This week, silver hit record highs, climbing to nearly $54.50 an ounce on Friday before dropping on Saturday, as the rapid rally may have overheated. The relative strength index (RSI), a measure of price momentum, indicates heavy buying since late September, signaling a possible price pullback in the near term. Advertisement
According to SEBI-registered research analyst Rahul Jain, the recent surge reflects “a massive demand-supply mismatch” in India. “In global markets, silver has appreci