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New Delhi, Not only gold; silver also shines in investment.  Silver Bars This is shown by the fact that the total value of mutual fund schemes investing in silver has increased fourfold. In October last year, the value of assets managed by mutual fund companies in silver ETF schemes was Rs. 12,331 crore. This has increased to Rs. 12,331 crore in October this year. This shows that investors have turned their attention not only to gold; but also to silver, according to research firm 'ICRA'. Many people invest in silver ETFs, considering it a safe investment rather than a metal, hoping for higher returns. Since silver ETF schemes were launched in 2022, the number of mutual fund accounts invested in them has increased by 215 percent in a year to 4.47 lakh. This was 1.42 lakh in October last year. As investor interest in silver ETFs has increased, the number of schemes has now increased to 12, up from eight last year. Market experts say that those who are unable to in...

Global demand for silver is expected to decline by 10 percent this year, with India being the main factor behind the decline. Silver price In this regard, the industry sector has further informed that: In the current year 2023, the global demand for silver is predicted to decrease by 10 percent. At the same time, global gold jewelery demand is expected to be slightly higher. For India, the demand for silver products is estimated to decrease by up to 12 percent. Investments in silver are down 21 percent, the lowest in three years, according to my projections. Studies suggest that the decline was due to higher local prices in India, as new investors stopped buying silver. The average price of silver was higher this year than last year. The base price has also increased significantly compared to last year. Due to high prices, investments in other assets like stocks, currencies and gold, investments in silver decreased. By 2024, the price of silver is expected to increase ...

There are a number of factors that can cause the price of silver to rise. Some of the most common include: Why is silver price increasing Increased demand: Silver is used in a wide variety of applications, including jewelry, electronics, and solar panels. As demand for these products increases, so does the demand for silver. Reduced supply: The supply of silver is relatively limited, so any decrease in supply can lead to higher prices. This can happen due to factors such as mining disruptions or government regulations. Inflation: When inflation is high, investors often turn to precious metals like silver as a way to protect their wealth. This can lead to higher prices as demand increases. Geopolitical uncertainty: When there is political or economic uncertainty, investors may also turn to silver as a safe haven asset. This can also lead to higher prices. In the current market, there are a number of factors that are contributing to the rise in silver prices. These include: ...