Kamal Ghorui
Financial author Robert Kiyosaki on Thursday took to X to highlight silver’s rising importance in the global economy, describing it as “superior” to gold in the Technology Age. In his post, Kiyosaki wrote, “Gold and silver have been money for thousands of years. But…in today’s Technology Age….silver is elevated into an economic structural metal…much like iron was the structural metal of the Industrial Age.”Kiyosaki noted the dramatic rise in silver prices over the past decades, pointing out that in 1990 it was around $5 an ounce, while in 2026 it has reached $92 an ounce. “Silver is growing more vital as the structural metal of the world’s economic future….a store of value….and as money. I am still calling for silver to hit $200 an ounce in 2026,” he added, while acknowledging the possibility of being wrong.The surge in silver prices comes amid a record-breaking rally in precious metals globally. Silver recently touched $95 per ounce internationally, while domestic rates in India reached Rs 3.34 lakh per kilogram, continuing a nine-day upward streak.Analysts attributed the rally to strong safe-haven demand, tight global supply, geopolitical uncertainties, and a weaker rupee, which kept domestic prices elevated compared with international benchmarks.Saumil Gandhi, senior analyst at HDFC Securities, said, “Gold and silver hit new record highs, driven by persistent safe-haven demand and inflows into bullion-backed exchange-traded funds,” as quoted by news agency PTI. Renisha Chainani, head of research at Augmont, noted that rising geopolitical risks and macroeconomic uncertainty are further strengthening gold and silver demand, with silver prices likely to extend their upward trend.Kiyosaki’s post positions silver not just as a hedge but as a strategic economic metal, mirroring its growing global significance amid ongoing market volatility and rising demand for industrial and technological applications.
