What will be the price of silver in 10 years?

Using the current silver price of about $25 per ounce, a 10-year bull run could put the price of silver anywhere from $150 to $750 per ounce.

When was silver price highest in India?

Historical Price of Silver Rate

Silver Rates	1 Kg
Highest rate in April	Rs.74,200 on April 13
Lowest rate in April	Rs.63,500 on April 30
Over all performance	Falling
% Change	-6.07%

Why was silver so high in 1979?

By 1979, investors and other market participants had come to the strong conviction that the silver market was facing a severe shortage of metal, and that prices were likely to rise sharply at some point. The market had been living off of investor selling for seven years.

What is silver all time high price?

Silver Prices – 100 Year Historical Chart

Silver Prices – Historical Annual Data
Year	Average Closing Price	Year High
2020	$20.69	$29.26
2019	$16.22	$19.55
2018	$15.71	$17.62

What is the highest price of silver in history?

The silver price record high was set on 18th January 1980 at $49.45 (£21.65) per troy ounce fuelled by Nelson Bunker Hunt’s cornering of the market….Highest Ever Silver Prices in US Dollars, Sterling and Euros.

Currency	Silver Price Per Ounce	Date
Euros	€32.88	28th April 2011

When was silver at its all time high?

The all-time high silver price in U.S. dollars was about $48 per troy ounce, which occurred in late April and early May of 2011. However, on an inflation-adjusted basis, the peak silver price of about $30/oz in 1980 would be equal to over $100 per oz in today’s dollars. This is the true all-time high value for silver.

What is the future of silver?

“There is going to be huge distortions across all markets — meaning the bond market, the stock market, the metals market, the crypto market,” explained Morgan. He believes silver may break through US$30 to trade in the US$33 range in 2022. He also sees potential for silver to reach US$50 in the near future.