‘Silver is gold on steroids’ – Ajay Bagga decodes the 2025 rally, reveals 2026 momentum

Silver has been making significant waves in the commodity markets, with its rally in 2025 capturing widespread attention.

Ajay Bagga, a noted market analyst, describes silver as 'gold on steroids,' highlighting its exceptional performance compared to traditional precious metals.

The surge in silver prices is driven by robust demand from several high-growth sectors, particularly electric vehicles (EVs), solar energy, and artificial intelligence (AI) technologies.

These industries rely heavily on silver for its superior electrical conductivity and reflective properties, making it indispensable in manufacturing components like solar panels, EV batteries, and advanced electronics.

The Multi Commodity Exchange of India (MCX) has witnessed extended rallies in silver futures, reflecting strong investor confidence and speculative interest.

Bagga emphasizes that the 2025 rally is far from over, forecasting continued upward momentum into 2026.

This outlook is supported by ongoing technological advancements and increased adoption of green energy solutions, which will sustain demand for silver.

Additionally, silver’s dual role as both an industrial metal and a store of value positions it uniquely in the market, offering potential hedging benefits amid economic uncertainties.

Investors and market participants are advised to monitor supply constraints and geopolitical factors that could influence price volatility.

Overall, silver’s trajectory suggests it will remain a critical asset in the evolving global economy, driven by innovation and sustainability trends.