2024-10-24 05:41:42 pm | Source: LKPSecuritiesLtd
Quote on Silver from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Silver from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Silver presents a unique investment opportunity as it benefits from both industrial demand and its status as a precious metal. The surge in EV production and renewable energy, particularly solar, significantly boosts its long-term prospects. With a recent technical breakout above ?1 lakh and Comex silver crossing $33, the metal offers higher growth potential compared to gold. China’s economic revival and rising demand for base metals will further fuel silver's rally, making it a compelling choice for investors for a 15-30% rally in the coming year."
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