Silver Soars Past Rs 2.05 Lakh: Will Rally Continue into 2026? Experts Weigh In

• Silver prices surged over 130% in 2025, crossing Rs 2.05 lakh per kg and $65 an ounce, significantly outperforming gold.
• The rally is driven by tight supply, strong investment demand, growing industrial use (especially in green energy), and expectations of US Fed rate cuts.
• Potential Chinese export restrictions from 2026 and silver's inclusion in the US 'critical minerals' list are amplifying supply concerns.
• The silver market has been in deficit since 2021, with a projected shortfall in 2026, indicating a persistent supply-demand imbalance.
• Analysts predict continued high prices into 2026 but caution about near-term volatility and potential corrections before further rises.

Why It Matters: Silver's strong rally, fueled by supply-demand imbalance and industrial demand, is expected to continue into 2026.