Silver Prices Soar: What's Driving the Rally and What's Next for Investors?

• Silver prices surged over 11% last week, with COMEX Silver reaching $79.341 per ounce and MCX Silver futures hitting ₹2,52,000 per kg.
• The rally is attributed to a weakening US dollar, supply disruptions from Peru and Chad, and China's silver export ban effective January 2026.
• Increased demand from electric vehicles, solar, electronics, and AI technologies is also widening the demand-supply gap.
• Uncertainty surrounding the US Supreme Court's ruling on Donald Trump's tariffs is driving demand for safe-haven assets like silver.
• Experts predict COMEX Silver could reach $100 and MCX Silver ₹3.5 lakhs per kg, but caution investors about potential resistance levels.

Why It Matters: Silver prices are surging due to multiple global factors, with experts forecasting further gains but advising caution.