Gold, silver, platinum rally comparison since last Dussehra with expert outlook.
Context
What happened: Since last Dussehra, silver outperformed gold and platinum, per Mint. Silver rose about 47% in rupee terms, gold about 26% and platinum about 10.5%.
Key numbers: Silver MCX ₹1,44,566/kg to ₹2,13,100/kg. Gold MCX ₹1,17,558 to ₹1,48,431 per 10g. Platinum ₹4,480.14 to ₹4,954.54 per gm. Rupee 88.71 to 95.05 per dollar.
Why it matters: Gaurav Garg of Lemonn said silver rose 155% by January and is now 53% off its peak, so buyers near January highs still face losses. Dr. Ravi Singh sees gold supported by central bank buying and safe-haven demand over 5-6 months.
What changed
Since last Dussehra, silver outperformed gold and platinum, per Mint. Silver rose about 47% in rupee terms, gold about 26% and platinum about 10.5%.
Why it matters
Gaurav Garg of Lemonn said silver rose 155% by January and is now 53% off its peak, so buyers near January highs still face losses. Dr. Ravi Singh sees gold supported by central bank buying and safe-haven demand over 5-6 months.