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Silver Price Surge: Experts Predict 10 Lakh Rupee Mark by 2026, Middle Class Brace for Impact
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Silver Price Surge: Experts Predict 10 Lakh Rupee Mark by 2026, Middle Class Brace for Impact
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News18
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21-02-2026, 17:32
Silver Price Surge: Experts Predict 10 Lakh Rupee Mark by 2026, Middle Class Brace for Impact
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Experts predict silver prices could hit 10 lakh rupees per kilogram by 2026, posing a significant challenge for the middle class.
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Bank of America's Michael Widmer forecasts prices between $135 to $309 per ounce by 2026, driven by supply-demand disparity.
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Increased use of silver in EVs and solar panels is contributing to rising demand.
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Despite a recent dip, the long-term outlook suggests a substantial increase, with a highest bid scenario reaching ₹10,05,000/kg.
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The price calculation involves converting USD/oz to INR/kg, adding import duty, GST, and local premiums.
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