Silver Hits Record High: Will Prices Fall After Sharp Surge? Experts Weigh In

• Global silver prices surpassed $86 per ounce, reaching ₹2.70 lakh per kilogram in the domestic market.
• Despite historical trends of declines after extreme highs, commodity analysts expect stagnation or consolidation rather than a sharp fall.
• Investors are booking profits, but buying near key support levels indicates sustained market confidence.
• Experts like Renisha Chainani suggest a slight decline or healthy correction is possible due to profit-taking, but a sharp fall is unlikely.
• Silver's rally is driven by its dual role as a precious and industrial metal, accelerated energy transition, safe-haven demand, and strong industrial use in solar PV, EVs, and grid infrastructure.

Why It Matters: Silver prices reached record highs, driven by industrial and safe-haven demand, with experts predicting consolidation over a sharp fall.