Silver At Another Record High | Big Cues From The Metals Space

On Business Today Television, precious metals expert Vandana Bharti (SMC Global) discussed silver's historic rally, surpassing ₹2 lakh per kg on MCX (up ~5-6% intraday, over 116% YTD from below ₹1 lakh), driven by physical scarcity, depleted mines, surging industrial demand (solar, EVs), and government/central bank buying - unlike past speculative surges. She anticipates limited 10-15% corrections (possibly March 2026 onward), with long-term targets of $85-90/oz. Long-term investors should accumulate on dips; traders avoid fresh entries now, await ₹1.85-1.92 lakh. Gold consolidates around $4,400/oz (potential breakout to $4,500); copper remains bullish, eyeing LME $12,800-13,000 in Q1 2026 amid tariffs and scarcity.