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Silver may test all-time high of Rs 75,000 a kg this year, say experts

Gold-silver ratio fell sharply indicating that the white metal is outperforming the yellow

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The next such rally, which is needed to take the white metal to Rs 75,000, will come with profit-booking and volatility.

Rajesh Bhayani Mumbai
Silver is taking centre stage after a huge rise in its prices over the past few days. So far in July, the metal’s price has jumped about 25 per cent and experts feel it could even touch its all-time high of Rs 75,000 per kilo, seen in April 2011.

On Thursday, silver closed at Rs 60,785 per kilo, a seven-year high, while standard gold closed at Rs 50,500 per 10 grams, its new all-time high.
This comes as investors look for a hedge against a

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