Silver Prices to Skyrocket in 2026? Forecasts Predict ₹5,00,000/kg Amid Volatility

• Silver prices saw record highs in early 2026, reaching over $121 per ounce due to inflation concerns and investor interest.
• A dramatic 30% single-day drop occurred on January 30, 2026, after Donald Trump's Federal Reserve Chairman announcement strengthened the dollar.
• The decline was driven by market sentiment, rapid trading, and a stronger dollar, not decreased industrial demand.
• Despite the fall, silver remains a top-performing asset in 2026, with iShares Silver Trust (SLV) up over 12% year-to-date.
• Analysts suggest silver could reach $200 per ounce, potentially pushing prices to ₹5,00,000 per kilogram under extreme conditions, driven by speculative activity or supply disruptions.