Surendra Mehta, Secretary of the India Bullion and Jewellers Association, said silver could rise to $75 in the near term, driven by high lease rates and a shift from paper to physical holdings. He warned that sharp corrections are likely after the recent rally and sees silver trading between $95 and $100 by 2026. Mehta also expects near-term corrections in gold, with a longer-term target of $4,900–$5,100 by 2026.
