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Silver price will reach Rs 3 lakh in 6 weeks
highlights
- Kedia Advisory believes that silver may outperform gold in the next 4–6 weeks.
- If silver remains above $75, its price can reach $94.50.
- Many investors sold out of fear, which is likely to push the price of silver higher.
Due to rising inflation, uncertainty about America’s economic policies and economic concerns around the world, people invested more in silver. Due to this reason, buying and selling of silver increased a lot in the market. People also invested heavily in silver related ETFs. But this bullishness did not last long and later the prices started fluctuating. According to the report of Kedia Advisory, silver may shine against gold in the coming weeks.
Silver Price Target 2026: Silver will overtake gold
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According to the report of Kedia Advisory, silver may perform better than gold in the next 4–6 weeks. He believes that if the international price of silver remains above $75 per ounce, it may rise to $94.50 per ounce.
Now if we calculate considering 1 ounce = 28.35 grams, then there are approximately 35.27 ounces in 1 kg (1000 grams). On this basis, if the price remains at $75 per ounce, it works out to approximately $2,645 per kg. Whereas if the price reaches $94.50 per ounce, then it becomes approximately $3,333 per kg.
Price can go up to ₹3 lakh per kg
Estimate in rupees and considering 1 dollar is approximately ₹90, then $2,645 comes to around ₹2.38 lakh per kg and $3,333 comes to around ₹3 lakh per kg. That is, according to the possible target range of Kedia, the price of silver can go up to around ₹ 2.38 lakh to ₹ 3 lakh per kg, provided the international price and dollar rate remain stable.
What is gold-silver ratio?
Kedia Advisory believes that silver may outperform gold in the next 4–6 weeks. If silver remains above $75, its price can reach $94.50. The gold–silver ratio (measures how many ounces of silver are required to replace 1 ounce of gold) typically ranges from 45 to 85. It gives a big signal if it is too high or too low. At the time of COVID, this ratio had gone up to 126.55, meaning investors were preferring gold more. By January 2026, this ratio will come down to around 45, which is historically considered a strong support for silver.
recent market situation
The Kedia Advisory report said the ratio went up to 72.50 in early February and is now around 59–60. Technical indicators suggest that silver may show bullish momentum.
RSI 29.98 – Silver has been oversold, which means a rise may happen soon.
MACD -5.33 – Remains bearish, but selling is now stabilizing.
Many investors sold out of fear, which is likely to push the price of silver higher. If the ratio remains below 60, it may fall to 50–53, which is historically a good sign for silver.
Why might silver outperform?
- Increasing demand in solar panels, electric vehicles and electronics.
- Limited supply compared to demand.
- Interest in silver ETFs surges again.
- Silver is cheaper than gold after the recent decline.
According to research reports, gold remains strong because when there is economic uncertainty and currency risk in the world, people invest money in gold for safe investment. Silver often performs better when the market is stable as it is used more across industries and demand increases.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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