Silver Price Forecast: Will Silver Prices Drop Further by March 2026 After Rs 2 Lakh Peak Correction? Buy or Sell?
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Silver Price Prediction: Will Silver Soar by March? Shocking Forecast Revealed!
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News18•19-02-2026, 18:20
Silver Price Prediction: Will Silver Soar by March? Shocking Forecast Revealed!
•Silver prices saw a significant correction after hitting a record high of ₹4,20,000 per kilogram on MCX on January 29, falling by almost 46% (nearly ₹2 lakh).
•The decline is attributed to profit booking, reduced global liquidity, and US interest rate uncertainty, but the long-term outlook remains strong.
•Key factors supporting silver's long-term strength include a persistent supply deficit, robust industrial demand (solar, EVs, electronics), and sustained investor interest.
•Currently, silver is consolidating, trading between $70-$90 per ounce globally and ₹2,25,000-₹2,85,000 per kilogram in India.
•Global factors like US interest rate uncertainty, inflation concerns, and geopolitical tensions are influencing short-term volatility, with a weaker dollar potentially supporting silver.