Silver Soars 1% on Jan 1, 2026: Will it Outshine Gold This Year?

Personal finance
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CNBC Awaaz•01-01-2026, 12:00
Silver Soars 1% on Jan 1, 2026: Will it Outshine Gold This Year?
- •On January 1, 2026, silver prices surged by approximately 1% on MCX, while gold remained largely stable, showing different trends for investors.
- •Silver's sharp rise is attributed to a supply shortage, increasing industrial demand (electronics, solar panels), and a favorable interest rate environment.
- •Gold, traditionally a safe haven, showed minimal movement, indicating a lack of market panic, and serves to preserve wealth.
- •Silver offers potential for higher profits but comes with greater volatility, acting as both an investment and an industrial metal.
- •Investors are advised to diversify, balancing gold for stability and silver for growth potential, based on risk tolerance, rather than chasing trends.
Why It Matters: Silver's strong start in 2026 signals potential growth, but gold remains a crucial stable investment.
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