Silver Prices to Skyrocket Post-Budget: Act Now Before Massive Hike!

• The Union Finance Ministry indicates a potential increase in silver import duty in the upcoming Budget 2026-27, set for February 1st.
• This move aims to curb rising silver imports, which are impacting foreign trade and increasing the burden on the rupee, especially due to industrial demand from EV and solar panel manufacturing.
• An increase in import duty from the current 6% (plus 3% GST) could push the total duty up to 15%, leading to a significant price surge.
• Silver prices have already seen a massive 341.99% increase in 13 months, from Rs. 90,500 per kg on January 1, 2025, to Rs. 4,00,000 currently.
• Experts advise purchasing silver now, as prices are expected to become unaffordable for common people after the budget, despite potential investment control.

Why It Matters: Silver prices are set to surge after the budget due to increased import duties and rising demand.