By Admin 
Silver Pries: Silver prices reached a record high level of Rs 1.10 lakh per kg on the Multi Commodity Exchange (MCX) on Wednesday, June 18. Its price increased by Rs 100 in just one day. Given this rise in the price of silver, famous American writer and Investor Robert Kiyosaki says that silver prices will double from their current levels in the coming time. He has predicted this global uncertainty.
Why is investment growing on silver?
Middle East is looking for safe investment due to increasing stress. Here, due to the weakening money, silver appeal among Indian investors has been strengthened. Gold and silver are generally considered ‘safe heaven’ during geopolitical stress because the price of shares or other assets may fall at the time of uncertainty, but gold and silver either maintain their price or its prices increase. Perhaps keeping this in mind, analysts believe that silver prices can go up to Rs 2 lakh per kg.
The price of silver increased greatly in 2 years
At the same time, Vice President Research Analyst – Commodity and currency, Jatin Trivedi in LKP Securities say that there has been a big change in silver prices since 2020. In 2011, silver prices were at $ 49.50 (about Rs 73,000). As of March 2020, silver prices have seen a fall, but in the last two years it has increased by about 60 percent, due to which prices have increased from Rs 87,000 to Rs 1,04,500 in 2025 alone.
Naveen Mathur, director of the commodities and currency of Anand Rathi Share and Stock Brokers, has estimated that silver can trade in a range of $ 38.70-41.50 an ounce, which is equal to Rs 1,15,000-1,23,000 per kg in the MCX promise market. This reflects an increase of 15–18 percent from existing levels. He is expected to reach the new all -time high record of about $ 50 an ounce in international markets. That is, in the next 3-5 years, its price can reach Rs 1,50,000-1,70,000 per kg.
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