After witnessing high demand and a reduction in interest rates by the federal banks, the prices of silver crossed Rs 2 lakh per kilogram on Friday. The white metal was trading with a hike of Rs 1,600, reaching Rs 2,00,510 per kilogram. Gold has also reached a record level.
Gold at record
Gold rates have witnessed an upward trajectory as they touched Rs 1,34,966 per 10 grams. The jump came in the evening when the stock market was closed. The Indian stock market ended with a sharp rise as Nifty closed at 26,000, up by 140 points, and Sensex closed at 85,267, rising by 450 points.
As per Aaj Tak, the vice president of the Indian Bullion and Jewellers Association (IBJA) said the encouraging trends in industrial production and weakness in the dollar may be the reason behind the jump. The move is positive with the demand in clean energy and industries.
Clean energy boom lifts Silver
Silver prices have already gone up by 100% in 2025. According to a report by Axis Mutual Fund, the consistent expansion in the fields of solar energy, electric vehicles, and semiconductors has increased the demand for silver. Investors have shown interest in commodities, and strong trends in other metals have given an advantage to silver.
Gold–Silver jumps bring strong returns
In the past, it has been observed that the prices of gold and silver witnessed sharp jumps and investors received good returns. Under such conditions, it is a good move for people to invest in metals.
Experts say that if people are planning to invest in gold and silver but are unable to purchase due to high prices, they should invest in Gold and Silver ETFs in small quantities. The investor would be at lower risk if the prices come down.
