A new report by Motilal Oswal Financial Services predicts silver prices may surge to Rs 1.25 lakh per kg on the MCX over the next 12-15 months, outperforming gold.
Driven by a combination of industrial demand and safe-haven buying, silver has already gained over 40% year-to-date. Meanwhile, gold’s medium-term target is Rs 81,000 per 10 grams, with long-term potential reaching Rs 86,000. The forecast credits rising demand, expectations of Federal Reserve rate cuts, and heightened geopolitical risks as factors shaping precious metals’ upward trajectory.