Outlook on silver perspective by Colin shah

May 29, 2024

image003 2 2Mr. Colin Shah, MD, Kama Jewelry

Silver prices have outperformed gold this year, gaining about ~18% Year-Till-Date (YTD). In addition to being a precious metal, having ornamental value, silver is also considered as an industrial metal. Silver is an imperative raw material  in electric  vehicles,  solar panels, and 5G antennas, among other products that are expected to drive the global economy in the coming years, supported by a constant rise in demand. Fuelled by the on-going geopolitical tensions, economic uncertainty, higher inflation, anticipation of rate cuts coupled with robust industrial demand, silver prices are increasingly gaining momentum from the past few days.

 Going ahead, given its hybrid nature of being a precious and an industrial metal, a robust rally seems to be in the foresight, with a possibility to breach INR 1,00,000 mark by the end of 2024 supported by the ongoing circumstances.

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
94,010
Heera Zhaveraat

Heera Zhaveraat

Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D

This message is only visible to admins.
Problem displaying Facebook posts.
Click to show error
Error: No posts available for this Facebook ID

Twitter Feeds

⏰ 5 DAYS LEFT to save ₹2,000 on your GJS 2026 visitor badge!

Register by 30th September before the price increases to ₹3,500 per badge from 1st October.

📅 2–4 October 2026 📍 JWCC, Mumbai

Register now: https://visitor.gjsindia.org/Visitor/Registration

📞 Missed call: 84339 17919

Discover JGTD 2026 in Dubai! 💎

Connect with global jewellery manufacturers, suppliers and buyers. Explore finished jewellery, gemstones, machinery and the latest industry technologies.

📅 27–29 October 2026 📍 Dubai Exhibition Centre (DEC)

Join the Mindspeak Seminars at GJS 2026 for valuable insights and conversations shaping today’s jewellery business.

📍 JWCC, BKC | Room 104, 1st Floor
📅 2–4 October 2026
Make Mindspeak part of your GJS journey.

✨ ONLY 6 DAYS TO GO! ✨

DJGF 2026 is almost here! 💎
750+ Exhibitors | 2,00,000+ Designs | 5 Halls
📅 26–28 Sept 2026
📍 Bharat Mandapam, New Delhi
Discover collections, connect with industry leaders & unlock new opportunities.
🔗 Register Now: https://djgfregistration.jewelleryfair.in/exhibitor_reference_registration/?ref=marketing

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of