Silver Price Surge: Will Silver Hit Rs 10 Lakh Per Kg and Outpace Gold by 2026?
Loading more articles...
Silver to hit 10 Lakh? BofA Predicts Historic Price Surge by 2026
N
News18•20-02-2026, 19:50
Silver to hit 10 Lakh? BofA Predicts Historic Price Surge by 2026
•Bank of America (BofA) strategist Michael Widmer forecasts silver prices could reach 10 lakh rupees per kilogram by 2026.
•This 'high case' estimate suggests silver could become more expensive than gold, creating both opportunity and risk for investors.
•Current market trends show a slight decline in both gold and silver prices, with silver at approximately 2.45 lakh rupees per kilogram.
•Key drivers for the potential surge include supply shortages, increased industrial demand from solar panels and EVs, and interest from large investors.
•The 10 lakh rupee price point factors in an international price of 309 USD per ounce, plus import duties, GST, and making charges.
