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News India Live, Digital Desk: Silver The prices of the sky are touching. Today (5 May 2025) Silver has crossed Rs 1,04,947 per kg on Multi Commodity Exchange (MCX). At the same time, silver in the international market has reached a 12 -year high. One of the world’s largest derivative markets is trading at $ 34.90 an ounce on Comex, the highest level since August 2012.
Bounce in silver prices – Silver spot price in the international market rose 2.8% to $ 35.43 an ounce on Wednesday.
This is the highest level since March 2012. The reason for this increase is believed to be the increasing demand for metals, global uncertainty and increasing interest of investors.
What is the reason for the increase in silver prices?
The expectation of interest rate cut by the Federal Reserve – there are signs of cuts cuts, which is expected to increase the demand for silver. Dollar weakness – Commodity prices have been supported due to fall in dollar index.
Increase in demand in industry – silver demand in electronics, solar panels and automotive sectors is increasing.If the fed cuts interest rates and the dollar remains weak then silver can reach Rs 1.10 lakh per kg. It is expected to fall to Rs 1.02 lakh in the event of profit booking.
This boom in silver is associated with increasing investment in the Exchange Traded Fund (ETF). In India too, silver is trading above Rs 1 lakh per kg on MCX.
Investors interested in silver- Silver ETF Holdings: 741.23 million ounces (highest since November 20, 2024). ETF holdings have increased by 4.95% in 2025 so far. Investment has increased rapidly for 4 consecutive weeks.
Reports suggest that the price of silver is likely to increase due to good demand, increase in ETF flow and strong risk emotion.
Ajay Kedia of Kedia Commodity says that the “Gold-Silver Ratio” in the chart suggests that the ratio had reached 107 in April and has now fallen to around 95.
When the ratio of gold and silver falls, it means that silver prices are increasing faster than gold. This indicates that the demand for silver is increasing and may increase further in the future.
Support Areas and Trendline- A strong support area is around 92. If this level also breaks, the next major support will be around 82.
According to the technical approach, “silver should be faster” – this means that silver may be further accelerated.
200 Moving Average (200 MA) – This is a long -term support line, which is considered difficult to break down. At the moment, this MA level is quite low, indicating that silver is still not oversold.
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