The Economic Times - Silver prices likely to rocket by mid-year on solar push
Madhvi Sally & Nishtha Saluja - EW DELHI: Traders expect silver prices to touch Rs 40,000-41,000 a kg in the physical market by the middle of this year as demand for solar panels and electrical vehicles is increasing. The metal closed at Rs 39,237 a kg in the spot market in 2017-end.
"Demand for silver has been increasing since the past few years and so have the prices. Demand is largely coming from solar panel and electric vehicle manufacturers.