Silver Price Outlook: Can Silver Outperform Gold And Hit ₹3 Lakh By Year-End?

Silver prices have witnessed a sharp correction, but the long-term outlook remains supported by strong industrial demand and persistent supply deficits. Ajay Kedia, MD & Director, Kedia Advisory, explains why silver could potentially outperform gold, citing rising demand from EVs, solar and data centres, along with silver’s growing importance as a critical metal. He highlights key support levels and explains how the gold-silver ratio could signal further upside. Kedia expects silver to potentially move towards ₹3 lakh by year-end if industrial demand remains strong and geopolitical tensions ease.