Whalesbook
Emkay Wealth Management forecasts a rebound in silver prices, projecting a near-term rise to $52-53 per ounce and further upside towards $58-62. Despite recent volatility driven by profit booking and policy uncertainties, Indian Silver Exchange Traded Funds (ETFs) and Funds of Funds (FoFs), notably from Nippon India and ICICI Prudential, have significantly outperformed physical silver, delivering over 50% one-year returns. Emkay recommends tactical investment through ETFs or FoFs for investors.