Silver Diwali 2027 Report As On 22nd Sept 2026 by Amit Gupta, Kedia Advisory
Renewed attention for a metal caught between savings and industry
As Diwali approaches, silver deserves a fresh look. Persistent supply deficits, resilient investment demand and a developing technical base support a constructive outlook — while interest rates, substitution and volatility remain the challenges to watch
Following a substantial correction, this is an appropriate window for investors with a medium-term horizon and sufficient risk capacity to begin adding silver gradually. Our outlook envisages $85–90 over six months, followed by a potential advance towards $120 by Diwali 2027 — with Rs4 lakh/kg as the conditional domestic objective, subject to the rupee, duties and premiums.
A Cup-and-Handle base is taking shape
The rounded advance from ~$54.78 towards $68–70 forms the cup; August's rejection near $70 and the retreat towards $62–63 resemble a developing handle — with a higher base than the earlier low.
Confirmation trigger: sustained closes above $70, then the 200-day moving-average region near $72.70, with successful retests turning resistance into support
Above views are of the author and not of the website kindly read disclaimer
