Silver Soars 50%: Real Rally or Speculation? Experts Unpack Structural Shift Driving Prices

• Silver on MCX surged nearly 50% in 1.5 months, reaching ₹2,39,787 per kilogram, confusing average investors.
• Kedia Stocks & Commodities Research Pvt Ltd report states the rally is due to a major structural change, not just sentiment.
• Silver is now a strategic industrial asset, with demand becoming price-inelastic in sectors like solar, electronics, and defense.
• Physical supply tightness, coupled with paper market dynamics, accelerated the rally, with prices often closing near daily highs.
• International silver prices could reach $90–$100 per ounce in 1-2 years, but historical volatility warns against blindly chasing prices; $40/ounce is a structural support.

Why It Matters: Silver's 50% surge reflects a structural shift to industrial demand, but caution is advised due to volatility.