Silver prices may hit Rs 1 lakh milestone in a year on solar, EV boost

May 17, 2024

The demand for silver is on the rise, driven by fast-growing industries like solar panels and electric vehicles. Analysts predict a surge in silver prices, with some projecting it to reach Rs 1 lakh per kg within a year. Factors such as bullish sentiments in emerging markets, increased investment in clean energy, and optimism regarding stimulus measures contribute to the bullish outlook.

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