Silver's Record Surge: Anil Agarwal Says Its Story Just Beginning, Shine Will Endure

Business
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News18•30-12-2025, 15:22
Silver's Record Surge: Anil Agarwal Says Its Story Just Beginning, Shine Will Endure
- •Silver prices surged 125% in 2025, significantly outperforming gold's 63% rise, reaching record highs.
- •Vedanta Chairman Anil Agarwal believes silver's 'story is far from over,' citing its dual intrinsic and functional value in industries like solar and defense.
- •Rich Dad Poor Dad author Robert Kiyosaki echoes optimism, predicting silver could rise from $70 to $200 per ounce.
- •Hindustan Zinc, India's sole silver producer, saw 40% of its Q3 2025 profit (Rs 1,060 crore) from silver, with earnings up 20% YoY.
- •Agarwal reassured Vedanta shareholders about continued dividends amidst demerger plans, with $20 billion capex unchanged.
Why It Matters: Anil Agarwal and Robert Kiyosaki are bullish on silver's future, citing its industrial demand and potential for further growth.
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