10 Oct 2025 | 5 Mins Read
Silver prices driven up by asset allocation reset
Flipitmoney
Silver prices surged past $50 an ounce, reaching $51.30, and domestic prices in India hit ₹1.63 lakh per kg, a 72% jump since January. Vikram Dhawan attributes the surge to a "global reset in asset allocation" driven by central banks diversifying away from the US dollar. Silver ETFs in India have begun trading at significant premiums, but Dhawan sees no market distortion.