Silver Price Outlook: Last year, silver had given a whopping return of 164 percent to its investors. Like last year, this year too a rise in silver prices is being seen. But, in the initial days of this year, there has been a lot of fluctuation in silver prices. On Friday, January 9, the price of silver in Delhi’s bullion market increased by Rs 6500 to Rs 2,50,000 per kg. On Wednesday, January 7, the price of silver in Delhi’s bullion market rose by Rs 5000 to close at a new high of Rs 2,56,000 per 1 kg. Compared to December 31 last year, silver prices have increased by Rs 11,000 so far i.e. 4.60 percent.
The price of silver closed at Rs 2,39,000 per kg on December 31.
Let us tell you that on December 31, 2025, the price of silver in Delhi’s bullion market fell by Rs 2000 and closed at Rs 2,39,000 per kg. On January 1, 2026, silver prices fell for the second consecutive day and its price fell by Rs 1600 to Rs 2,37,400 per kg.
What did Ajay Kedia say about silver
Ajay Kedia, director of Kedia Advisory and a well-known market expert, said that the demand for silver will continue as a safe investment amid geopolitical tensions and US data. Apart from this, due to strong demand in solar panel, EV and other industries, its prices will continue to rise further. Structural supply shortage and rapidly increasing investments in silver ETFs will also boost silver prices.
How far can the price of silver reach this year?
Ajay Kedia said that this year there will be no indiscriminate rise in silver prices like last year. However, he said that this year the price of silver can reach Rs 3,00,000 per kg. That is, silver prices can reach about Rs 50,000 (20 percent) above its current level.
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