Silver Hits Record High: Is a Crash Imminent or Just a Pause?

• Silver prices reached a record high of $86 per ounce globally and ₹2.70 lakh per kilogram domestically.
• Commodity analysts suggest a period of pause or consolidation is more likely than a crash after such a sharp rally.
• Investors are booking profits, but buying interest remains strong at key support levels, indicating market confidence.
• Experts believe a sharp decline is unlikely, but a healthy correction or slight dip is possible due to rapid price increases.
• The rally is driven by strong industrial demand (solar PV, EVs), easy monetary policy expectations, and geopolitical risks.

Why It Matters: Silver hits record highs, but experts predict a consolidation phase or minor correction, not a crash.