Silver price outlook: In the last few months, silver prices have increased tremendously. Silver has now reached a height of 14 years. Like gold, silver is now being considered a strong option for investment. Due to rising industrial demand and decreasing supply, silver prices are climbing. If experts are believed, silver can get 15 to 20 percent returns in the next 2 years.
A new report states that silver can give a profit of 15 to 20 percent in the coming 12 to 24 months. This report has been prepared by Wealth Advisory Company Client Associates. He says that silver is no longer a old thing for jewelery or investment, but now it is also being used in new technology like solar panels, electric vehicles, mobile chips and 5G.
Even though the total silver demand has decreased slightly in 2024, its demand has increased rapidly in the industrial sector. The record of silver consumption in the industry has been broken in the industry for the fourth consecutive year. But the speed of supply is not so much, due to which there has been a loss of 149 million oz in the market. This deficiency can also remain in 2025.
Another special thing is that silver is still cheaper than gold. The ratio of gold and silver prices is currently close to 90, while its average should be 68. That is, silver is still underraged and there is a good scope to move forward.
If you want to invest, silver can bring good balance to your portfolio. It has nothing to do with the stock market, so even when stocks fall, silver can remain strong.
How to invest in silver?
If you have a Demat account, you can easily invest through Silver ETFS. And if you want to invest without a Demat account, Silver ETF Funds (FOFS) is a good option. So if you want good returns in a short time and are willing to take some risk, then silver can prove to be a great opportunity for you at this time.