Silver Nears ₹2 Lakh/kg, Gold Soars! Are Precious Metals Outshining a Rebounding Market?

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Silver Nears ₹2 Lakh/kg, Gold Soars! Are Precious Metals Outshining a Rebounding Market?

This special report tracks a volatile day on Dalal Street, focusing on a major market rebound, a government plan for a mega-merger of public sector banks by FY27, and an unprecedented rally in precious metals. Expert Navneet Damani of Motilal Oswal Financial Services weighs in on the silver surge. Speaking on the future of silver, Damani stated, ‘from 160,000, we expect prices to inch towards maybe 75 $77 on the comics and $250,000 on the internet domestic front over the next couple of years.’ The bulletin also covers the latest auto sales data from SIAM, which shows steady growth in the passenger vehicle and two-wheeler segments. Market experts Avinash Gorakshakar, Sunil Singhania, and Ajay Srivastava offer their outlooks for the new Samvat year, identifying key sectors like auto components, capital goods, real estate, and technology as potential wealth creators for investors ahead of the festive season.

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