Silver could reach Rs 6.34 lakh a kg, says Robert Kiyosaki; but advises caution now
American entrepreneur, investor and author of "Rich Dad Poor Dad", Robert Kiyosaki has cautioned investors about a FOMO-driven rally in silver but also said that in the long run the white metal could touch the fantastic price of Rs 6.34 lakh a kg.
Kolkata: IN the financial world, the year 2025 could go down as the year of silver. The white metal has already appreciated about 160%, thanks to industrial demand in new-age industries, safe-haven demand and demand from jewelers. Robert Kiyosaki, he author of "Rich Dad Poor Dad" and American investor has said that the current levels could just be the beginning of a fantastic run at the end of which the precious metal could reach Rs 6.34 lakh a kg.
Is a correction in silver coming?
Kiyosaki has advised investors to be extremely cautious. He believes that the current rally is substantially driven by FOMO (fear of missing out) and such a rally could be followed by a correction. He also advised investors to avoid buying at high levels driven by emotions. The American investor has also set a target price for silver. Interestingly, on Tuesday the price of one kg of silver crossed Rs 2.41 lakh in New Delhi.
"Is the silver bubble about to burst?” Kiyosaki wrote on X and added, "If you are planning to invest in silver, be patient. Wait for the crash first, then decide whether to buy or not.” He mentioned that he loves silver and bought his first silver way back in 1965. The price of silver recently crossed $80 per ounce for the first time in the global markets. "If you are planning investment on silver be patient. Wait for a crash then GO or NO," he also wrote on his handle.
Could reach Rs 6.34 lakh per kg
Citing his 'Rich Dad Philosophy', Kiyosaki said, "Profit is made when you buy, not when you sell." But Kiyosaki is bullish about the long-term bets on silver. He believes that silver could cross $100 (Rs 3.17 lakh per kg) in 2026 and can reach $200 per ounce (Rs 6.34 lakh per kg).
On Tuesday, silver on the MCX jumped by Rs 12,159 to reach its intraday high of Rs 237,225 per kg. On Dec 30, silver bulls made a spectacular comeback in the commodity market. But it is lower than the peak price of Rs 2,54,174 in the domestic futures market. Silver has generated the highest returns in 2025 and has managed to leave gold, platinum, copper and equities far behind in terms of returns.
At the heart of the demand lies industrial demand from new age sectors such as high-performance electronics, solar power industry, electric vehicles -- sectors which are going to expand in he foreseeable future. The demand from investors have constantly risen this year and initially the rise of gold prices have also forced a lot of individuals to shift from gold to silver.
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