Silver Prices: The price of silver may rise further by about 20 percent in the next one year. This estimate has been made by brokerage firm Emkay Wealth Management. Brokerage says that in the next one year the price of silver may increase to $ 60 an ounce. The main reason behind this could be the increasing industrial demand for silver and the continuous reduction in supply of about 20%.
Ashish Runwade, Head of Products, Emkay Wealth Management, said, “Institutional investors and central banks are giving preference to gold and silver against the US dollar. This is supporting the rise in prices of these metals. Technically, silver is close to the breakout level.” He said that in the last one year, gold has given a return of about 61.82%, which is better performance than both shares and bonds.
Talking about the stock market, most of the experts are still cautious about the high valuation of the Indian stock market. However, domestic investors are also continuously investing in the market.
According to Joseph Thomas, Head of Research, Emkay Wealth Management, “India stands out in the global economic landscape. There are ample stock-specific opportunities here. PMS, AIF and active fund managers can do well.” India’s strong GDP growth, GST simplification, interest rate cuts and favorable monsoon may support the market’s rise.
Talking about global pressures, ongoing tensions over trade, tariffs and geopolitical conflicts are putting pressure on global supply chains. The US auto industry has been affected by tariffs from Mexico and Canada, while India is facing tariffs of up to 50% on exports to the US. Despite these challenges, the IMF estimates that its impact on the global growth rate in 2025 will be limited.
Overall, due to increasing industrial demand and reduction in supply, silver can become an attractive option for investment. At the same time, gold remains a safe investment option and helps in protecting against currency and inflation risks.
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