Neha Nagar Instagram – Sliver is beating Nifty and Gold!!
This is largely due to silver’s growing industrial applications in electronics, solar panels, EV batteries, and 5G infrastructure.
These industries rely heavily on silver for its conductivity and durability, making it essential in components such as solar panels, EV batteries, and 5G infrastructure.
Market experts believe that silver’s upward trend is far from over, with projections suggesting it could reach ₹1.25 lakh per kilogram within the next year.
Here are some key factors supporting this growth:
1. Rising Industrial Demand: Silver’s crucial role in green technologies and advanced electronics has created strong and consistent demand.
2. Increased Domestic Imports: India’s silver imports have surged, partly due to a temporary price gap that has created an arbitrage opportunity.
3. Growth of Silver ETFs: The increasing popularity of silver exchange-traded funds (ETFs) offers a convenient investment option, boosting demand without impacting the physical silver supply.
With these drivers in place, silver’s momentum could very well continue, making it an attractive investment for those looking to diversify their portfolios.
Are you considering investing in silver? Share your thoughts in the comments below!
#Sliver #gold #investing #tech | Posted on 13/Nov/2024 18:30:31
