Silver Price Surge: Experts Predict ₹3 Lakh Mark by 2026 Amidst Soaring Industrial Demand

• Silver prices could cross ₹3 lakh/kilogram by 2026, driven by strong industrial demand and low supply.
• Industrial consumption, especially in solar, EVs, and AI, is projected to reach 59% of total silver use.
• Experts like Kothari Securities target ₹2.8-3.2 lakh/kg on MCX; global targets range from $34-$100/oz.
• Supply shortfall expected for the fifth consecutive year, while a weaker USD could further support prices.
• Risks include industrial slowdown and increased real yields, but a 20-60% upside is broadly anticipated.

Why It Matters: Strong industrial demand and low supply could push silver prices past ₹3 lakh/kg by 2026, despite risks.