The Economic Times News

Silver rally supported by multiple tailwinds, but valuation concerns could trigger volatility in 2026 : Axis Mutual Fund

Silver prices have reached historic highs. Axis Mutual Fund warns of potential corrections and volatility in 2026. Factors like overvaluation, reduced physical demand, and ETF outflows could impact prices. While the outlook remains constructive, investors should be aware of risks. Central bank preferences and industrial substitution also pose challenges. Gold's performance is also discussed with similar caution for 2026.