Vedanta-Anil-Agrawal
Personal finance
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CNBC Awaaz23-12-2025, 19:40

Vedanta Chairman Predicts Silver's Future: "Journey Just Begun" After 125% Surge

  • Vedanta Group Chairman Anil Agarwal predicts silver's "journey has just begun," calling it the metal of the future due to its dual investment and industrial demand.
  • In 2025, silver surged 125% year-to-date in dollar terms, significantly outperforming gold's 63% rise.
  • Agarwal highlights silver's crucial role in solar cells, defense, and new technologies, emphasizing its intrinsic value and industrial applications.
  • Vedanta, through HZL, is India's sole silver producer and plans to increase production from 800 to 2,500 tonnes in three years to meet domestic demand.
  • The company aims to increase focus on the silver business, strengthen its balance sheet, and unlock long-term shareholder value through a demerger.

Why It Matters: Silver's significant surge and industrial demand position it as the future metal, according to Vedanta's Chairman.

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