RBI's New Silver Policy: Debunking Demonetization Rumors, Boosting Silver's Value

• Social media rumors about silver demonetization are baseless; the central government has no such intention.
• RBI's new policy, effective April 1, 2026, allows banks to accept silver as collateral for loans, similar to gold.
• Silver will be recognized at a 10:1 ratio with gold for collateral, significantly increasing its financial value.
• Silver prices have tripled in India within a year, reaching ₹2,87,650 per kg by January 2026, driven by industrial demand (solar, EVs) and low global supply.
• Experts predict continued price increases, with global prices potentially reaching $144 per ounce and Indian prices exceeding ₹3 lakh per kg, citing low risk of a sudden fall.

Why It Matters: RBI's new policy boosts silver's financial standing, debunking demonetization rumors amidst soaring prices.