By Admin 
Silver Price Predictions: In the current era of geopolitical tensions, if any investment option has attracted the most attention of investors, it is gold and silver. Amidst the ongoing turmoil at the international level, uncertainty in the global economy and layoffs in big companies, fluctuations and declines are being seen in the stock markets, while the shine of gold and silver is continuously increasing. However, market experts believe that the real game is yet to come and in the coming times this game can be seen especially in silver.
Why is silver better than gold?
Famous financial writer Robert Kiyoski has also made a big claim about silver. Posting on the social media platform ‘X’, he said that in the current technological era, the importance of silver has become more than that of gold. According to Kiyoski, both gold and silver have been used as currency for centuries, but today the role of silver is becoming the same as that of iron in the industrial age. That is, silver is no longer just a precious metal but is becoming the backbone of modern technology.
Referring to the long-term changes in silver prices, he said that in the year 1990, silver was sold at a price of about $ 5 per ounce, whereas by 2026 it has increased to about $ 92 per ounce. Kiyoski believes that there may be a huge increase in it in the coming times. He has predicted that even though his estimate may be wrong, there is every possibility that the price of silver will reach $200 per ounce in 2026.
What is the reason for the increase in silver price?
Many important reasons are being cited behind this rise in silver prices. Globally, investors are increasingly adopting it as a safe investment. Additionally, the supply of silver is becoming limited, while its demand in solar panels, electric vehicles, AI servers and other modern technology sectors is continuously increasing. Geopolitical uncertainty, atmosphere of fear in global markets and weakness in the Indian rupee are also playing a big role in pushing silver prices higher.
Talking about the current situation, silver has reached around $ 95 per ounce in the international market, while its price in the domestic market has touched the level of Rs 3.34 lakh per kg. The special thing is that the prices of silver have been rising continuously for the last nine days. At the same time, the price of gold also remains at record level.
On MCX, 24 carat gold has crossed Rs 1.51 lakh for 10 grams and experts believe that it may see further strength in future. In such a situation, there is a strong discussion among investors that in the coming time, silver can prove to be a more attractive investment option than gold.
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