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

Personal finance
C
CNBC Awaaz•23-12-2025, 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.
✦
More like this
Loading more articles...





