Silver May Rebound Faster Than Gold, Ajay Kedia Sees ₹3 Lakh By Next Diwali

Silver prices have corrected sharply from their January 2026 peak of ₹4.20 lakh. Can the white metal recover and reach ₹3 lakh by next Dhanteras? Ajay Kedia, MD & Director, Kedia Advisory, believes current levels offer an attractive opportunity to re-enter silver. With the gold-silver ratio nearing 80, he sees silver becoming more attractive compared to gold. He expects silver prices, currently around ₹1.90 lakh, to move towards ₹2.80–3 lakh by next Dhanteras or Diwali. However, he cautions investors about continued volatility, while expecting silver's recovery to be faster than gold's.