Silver likely to touch Rs 2.46L/kg: Report

The silver market underwent a decisive structural shift in 2025, driven by prolonged physical supply deficits, inventory depletion and policy‑led supply constraints, a report said on Monday.

The report from Motilal Oswal Financial Services Ltd predicted that silver would touch Rs 2,46,000 per kg in the domestic market. The brokerage continues “to maintain a buy-on-dips approach with a staggered investment strategy.”

“While the initial target of $75 on COMEX has been achieved, the firm reiterates its target of $77 on COMEX, equivalent to Rs 2,46,000 on the domestic market, with further revisions dependent on evolving market conditions,” the report said.