World · India Bureau
Silver Prices Poised to Breach ₹3.20 Lakh per Kg: Analyst
Motilal Oswal's commodity experts predict silver prices could surge past ₹3.20 lakh per kilogram in the coming period. The bullish outlook reflects broader momentum in precious metals markets.
LSN India ·
Silver prices are expected to continue their upward trajectory, with analysts at Motilal Oswal projecting the precious metal could breach ₹3.20 lakh per kilogram, according to latest market commentary.
The bullish forecast comes amid sustained demand for silver and gold as investors seek safe-haven assets. Motilal Oswal's commodity team has factored in multiple market dynamics in arriving at their price target for the white metal.
The precious metals sector has witnessed notable activity in recent months, with both gold and silver attracting investor interest. The projection for silver reflects growing confidence among analysts regarding the metal's price performance and market fundamentals.
Market participants tracking silver prices will be closely monitoring key support and resistance levels as the metal moves toward the anticipated levels. The ₹3.20 lakh mark would represent a significant milestone for silver trading in Indian commodity markets.