Silver Price Surge India: In the last two to two and a half months, the prices of silver and gold have been continuously increasing. Currently the market price of 24 carat gold is Rs 145000 per 10 grams. So the price of silver is increasing exponentially.
On the day of Diwali, 31 October 2025, the price of silver was recorded at Rs 1 lakh 49000 per kg. Today, on Monday, January 19, the price of silver has been recorded at Rs 2,096,000 per kg. That means there has been a double increase in two and a half months. With the increase in the price of silver, its demand has also started increasing.
Bullion trader gave information
Sales of silver coins and silver bricks have started in full swing. Ashok Kumar Verma, President of Bihar Bullion Professional Association and wholesaler of gold and silver of Patna, said in a special conversation with ABP News that for the last one week, silver worth more than Rs 100 crore is being sold every day in Patna alone.
The main reason for this is that now there is no hope of silver prices falling and people are buying silver items as investment.
Silver prices will continue to rise
Big capitalists are buying silver bricks. Its sales are increasing. Because one brick of silver weighs about 500 grams. Whose price is around Rs 1.50 lakh. At the same time, middle class people are buying more silver coins and silver items. Today the rate of 10 gram silver coin is Rs 3200, which was Rs 1500 to 1600 two and a half months ago.
The way silver rates are increasing now, there is a possibility that the price may go up to Rs 5 lakh per kg by February. Because the prices of silver are increasing every day. Sometimes 5000 and sometimes 10000. Sometimes there is an increase of Rs 20000 per kg in a day. In such a situation, people are now buying more silver for investment.
Ashok Kumar Verma told that earlier people used to buy more gold for investment. The price of gold has also increased, but its price has remained stable for the last 15 days. The prices are fluctuating from one to two thousand rupees, but a huge increase is being seen in the price of silver. This is the reason why people have started buying silver for investment.
He told that the demand for silver is strong in every sector. Silver is used in making solar lights and silver is being used in many electronic items. In such a situation, the demand for silver has increased and the prices of all these goods are also likely to increase.
Situation of silver globally
Ashok Kumar Verma told that America has declared silver and copper as rare metals. China has started accumulating silver, because silver is being used more in electronic goods. Now China has also banned the export of silver.
Besides, the 10 percent tariff increase by America is also a major reason for the increase in silver prices. Right now the price of silver will increase, but according to economists it would not be appropriate to look at it as an investment. Because there is a possibility of silver prices falling in future.
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