Silver Prices Soar to Record Highs; Experts Predict Rs 3 Lakh/kg Soon

• Silver prices have seen a dramatic surge, rising from Rs. 90,500/kg at the beginning of 2025 to Rs. 2,57,000/kg by December 27.
• The increase is driven by high industrial demand across sectors like telecom, EVs, renewable energy, and medical technology.
• A significant supply-demand imbalance exists, with stable annual production (817 million tonnes) failing to meet growing market needs for four years.
• Global economic uncertainty is pushing investors towards silver as a safe-haven asset, further fueling demand.
• Experts forecast silver prices to continue rising, with predictions of reaching Rs. 300,000 per kilogram soon.

Why It Matters: Silver prices are skyrocketing due to industrial demand, supply shortages, and safe-haven investment.