00:00The year 2025 could be a good year for silver.
00:07The reason for this is high industrial demand and a lack of supply.
00:12This information has been published in a report on Thursday, 6 March 2025.
00:18According to the report of MK Wealth Management Ltd,
00:21the next 12 to 18 months of silver can be seen to be fast.
00:25Financial firms believe that they are supporting an increase in the price of silver for a medium to long duration.
00:33The reason for this is a decline in the interest rate in America,
00:36increasing industrial demand due to global uncertainty, electric vehicles and the green energy sector.
00:43It has been said that the outlook for silver for a long duration is strong.
00:49The reason for this is an increase in industrial use.
00:52Silver is a major metal in electronic devices, circuit boards, solar panels and EV batteries.
00:59Due to the continuous adoption of electric vehicles and green energy technology,
01:04the industrial demand for silver is expected to remain strong.
01:08The Wealth Management Company has said that
01:1160% of the total demand for silver is coming from the industrial sector.
01:17Recently, there has been a surge in silver prices.
01:21In Indian rupees, the price of silver increased by 15% in 2024 and has increased by 11% in 2025.
01:28In 2024, the total demand for silver is expected to be 1219 million oz,
01:34while the supply was only 1004 million oz.
01:39It has been said in the report that there is a continuous difference in demand and supply,
01:44due to which the increasing prices of silver are getting support.
01:49At present, silver is at an important level of 33 dollars per ounce and
01:54technical indicators indicate that it can be seen to be faster.
01:59According to reports, the price of silver per ounce can reach 36.60 dollars, 38.70 dollars and 39.30 dollars in the future.
02:13If we talk about the price of silver in India today,
02:17then on 6 March 2025, silver is trading at Rs. 97,600 per kg in India.
02:24So if you also want to invest in silver in the coming year of 2025,
02:30then you can invest according to the report of MK Global,
02:34because in 2025, you can see an increase in the price of silver.
02:40What is your opinion on this report?
02:42Give us your opinion in the comment box and keep watching GoodReturns for such updates.
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