Silver -CMP 30.5 (US$/OZ) , INR 92000/Kg.
Can silver go to $ 42 (INR 125,000) in short term and to $ 56 (INR 150,000) in medium to long term ( in 2025/2026) !
If that happens, it would be breaking its 2011 all time high price ( international US$/OZ)
With rising inflation, falling dollar and tense geopolitical situation - there’s a probability.
Let’s keep a watch. No buy /sell recommendation.
Monthly chart with probable EW count !
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