Silver Price Soars: ₹6 Lakh/kg by 2030? Experts Predict Massive Growth

• Silver prices are projected to reach ₹6,00,000 per kg in India by 2030, with international prices potentially hitting $150-$200 per ounce.
• The significant price surge is driven by soaring industrial demand from solar panels, electric vehicles, electronics, and AI data centers.
• A critical supply deficit exists as silver is primarily a by-product of other metal mining, not directly mined, limiting its availability.
• Geopolitical tensions, inflation, US Fed rate cuts, and increased safe-haven demand further contribute to silver's rising value.
• While most analysts predict continued growth due to essential industrial uses, investors are advised to consider a long-term perspective and make personal decisions.

Why It Matters: Silver prices are set for a dramatic rise by 2030 due to industrial demand and supply issues.