3 Jan 2026, Sat

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Silver Price Crash Prediction: Tremendous fluctuations have been seen in the prices of silver for some time. Recently, silver had also made its all-time high record. However, after this the silver also slipped. Silver closed with a decline on Friday’s trading day. Market experts have predicted a 60 percent decline in silver rates by financial year 2027.

Due to the gap between the demand and production of silver at the global level, an increase of about 180 percent has been recorded in the prices of silver in the year 2025. However, after the tremendous rise in silver in the years 1980 and 2011, a pattern of decline was seen. In such a situation, the question in the minds of investors is, can a similar decline be seen in silver again?

Looking for another option

According to experts on the subject, due to rapid increase in silver prices and reduced supply, its impact is now clearly visible on industrial demand as well. The use of silver has started becoming expensive in many sectors. Due to which many industries have started considering other alternatives to silver.

In some places the use of materials like copper is being increased. So that dependence on silver can be reduced. A large part of the demand for silver comes from industrial demand. If the industry shifts towards other options then we may see a decline in silver prices.

Increasing grip of copper in place of silver

Due to silver becoming expensive, many companies are now turning to copper as an alternative. Some companies from China, Australia, Taiwan and Israel are increasing the use of copper in new technologies like solid state batteries.

According to the world’s richest person Elon Musk, the current rise in silver may continue for some time and its price may reach $ 100 an ounce. But after this there is a danger of a sharp fall in prices. He has expressed the possibility of silver prices falling to around $40 per ounce by the end of financial year 2027.

previous price of silver

On the trading day of Friday, January 2, the silver futures with expiry of March 5, 2026 opened at Rs 2,35,000 (per kg) on ​​MCX. On the last day, silver futures on MCX closed at Rs 2,35,873. Silver ended the trading day at Rs 2,36,599. The high level of the day was Rs 2,44,999.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Also read: Oil, sanctions and politics: how Venezuela became a victim of the global power game

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