Technical Analysis
Silver has had a rollercoaster journey over the past decade. In 2015, silver futures were trading near ₹35,000, but by 2025, prices have tripled, reaching around ₹1,05,000. The journey, however, wasn't smooth.
From 2016 to 2020, silver consistently faced strong resistance between ₹49,000 and ₹51,000. This range capped every bullish move during that period. In 2020, the resistance was finally broken, and silver surged to create a new high at ₹78,000. But post that, silver saw a sharp correction, pulling back significantly.
Interestingly, the same ₹49,000–₹51,000 zone, which acted as resistance for years, now transformed into a strong demand/support zone. This zone offered multiple supports over the following years, solidifying its importance on the chart.
From 2023 to 2024, the ₹78,000 level turned into a fresh resistance, as silver tested this level multiple times without a breakout. Finally, in April 2024, silver broke above ₹78,000 and initiated a strong higher highs and higher lows structure.
On 5th June 2025, silver broke its last higher high, marking a major breakout, and is now trading near ₹1,05,000. This indicates a strong continuation of the bullish trend.
Upside Targets:
🎯 ₹1,08,000 🎯 ₹1,12,000 🎯 ₹1,15,000
Support Levels to Watch:
🔻 ₹1,02,000 – Recent breakout level
🔻 ₹94,000 – Recent higher low
🔻 ₹86,000 – Major demand zone
If silver breaks below ₹86,000, the bullish structure could be invalidated, and a deeper correction may follow.
Fundamental Analysis
Silver is gaining attention as both an industrial metal and a precious asset. The rally in 2025 is not just technical — it's supported by strong fundamentals:
Industrial Demand: Silver is critical for solar panels, electric vehicles, and electronics, all of which are booming sectors.
Supply Constraints: Global mining output has remained tight, causing supply concerns.
Safe-Haven Appeal: Like gold, silver attracts buyers during economic uncertainty.
Global Inflation: Rising inflation has pushed investors toward commodities, particularly silver.
Impact on Related Stocks
Companies that benefit from rising silver prices include:
Hindustan Zinc – major producer of silver in India.
Vedanta – involved in silver extraction as a by-product.
MCX & Commodity Brokers – gain from increased silver trading volumes.
Investment Considerations
✅Pros:
Strong historical performance
Hedge against inflation and currency devaluation
High demand from industrial and green energy sectors
❌Cons:
High volatility compared to gold
Dependent on industrial demand cycles
Not suitable for short-term investors without proper risk management
Investment Options
Silver ETFs – Convenient and low-cost exposure
Silver Futures – For active traders
Physical Silver – Traditional but involves storage issues
Stocks linked to silver – Indirect but potentially high returns
Conclusion
Silver has shown massive strength in 2025, overcoming key resistances and forming a bullish chart structure. With demand rising and technicals confirming strength, silver could continue to shine. However, traders must remain cautious at key support levels, and align their strategy with their risk profile and investment goals.
Whether you're a long-term investor or a short-term trader, silver offers exciting opportunities — just remember to watch the chart and respect the levels!
Silver has had a rollercoaster journey over the past decade. In 2015, silver futures were trading near ₹35,000, but by 2025, prices have tripled, reaching around ₹1,05,000. The journey, however, wasn't smooth.
From 2016 to 2020, silver consistently faced strong resistance between ₹49,000 and ₹51,000. This range capped every bullish move during that period. In 2020, the resistance was finally broken, and silver surged to create a new high at ₹78,000. But post that, silver saw a sharp correction, pulling back significantly.
Interestingly, the same ₹49,000–₹51,000 zone, which acted as resistance for years, now transformed into a strong demand/support zone. This zone offered multiple supports over the following years, solidifying its importance on the chart.
From 2023 to 2024, the ₹78,000 level turned into a fresh resistance, as silver tested this level multiple times without a breakout. Finally, in April 2024, silver broke above ₹78,000 and initiated a strong higher highs and higher lows structure.
On 5th June 2025, silver broke its last higher high, marking a major breakout, and is now trading near ₹1,05,000. This indicates a strong continuation of the bullish trend.
Upside Targets:
🎯 ₹1,08,000 🎯 ₹1,12,000 🎯 ₹1,15,000
Support Levels to Watch:
🔻 ₹1,02,000 – Recent breakout level
🔻 ₹94,000 – Recent higher low
🔻 ₹86,000 – Major demand zone
If silver breaks below ₹86,000, the bullish structure could be invalidated, and a deeper correction may follow.
Fundamental Analysis
Silver is gaining attention as both an industrial metal and a precious asset. The rally in 2025 is not just technical — it's supported by strong fundamentals:
Industrial Demand: Silver is critical for solar panels, electric vehicles, and electronics, all of which are booming sectors.
Supply Constraints: Global mining output has remained tight, causing supply concerns.
Safe-Haven Appeal: Like gold, silver attracts buyers during economic uncertainty.
Global Inflation: Rising inflation has pushed investors toward commodities, particularly silver.
Impact on Related Stocks
Companies that benefit from rising silver prices include:
Hindustan Zinc – major producer of silver in India.
Vedanta – involved in silver extraction as a by-product.
MCX & Commodity Brokers – gain from increased silver trading volumes.
Investment Considerations
✅Pros:
Strong historical performance
Hedge against inflation and currency devaluation
High demand from industrial and green energy sectors
❌Cons:
High volatility compared to gold
Dependent on industrial demand cycles
Not suitable for short-term investors without proper risk management
Investment Options
Silver ETFs – Convenient and low-cost exposure
Silver Futures – For active traders
Physical Silver – Traditional but involves storage issues
Stocks linked to silver – Indirect but potentially high returns
Conclusion
Silver has shown massive strength in 2025, overcoming key resistances and forming a bullish chart structure. With demand rising and technicals confirming strength, silver could continue to shine. However, traders must remain cautious at key support levels, and align their strategy with their risk profile and investment goals.
Whether you're a long-term investor or a short-term trader, silver offers exciting opportunities — just remember to watch the chart and respect the levels!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.