Silver Price Prediction for Next Week

Silver Price Prediction for Next Week (15th  - 19th September 2025)

Silver tracked gold higher to multi-year peaks, with tight lease markets and robust industrial demand, especially from solar and EV sectors, amplifying the rally. However, being more volatile than Gold we might see heightened movement in silver with key events scheduled for next week.

Silver continued its bullish momentum for the 4th consecutive week, with COMEX Silver gaining +4.85% this week and closing at $42.19 after marking a high of $42.45. Whereas MCX Silver December contract witnessed a volatile week, with prices finding midweek support at 123,500 before resuming strength in the bull run and registering a new all-time high at 129,392. Importantly, the rally has been supported by an Open Interest (OI) addition of 1,600 lots, confirming fresh long buildup in the market. From a technical standpoint, prices are trading above all key daily moving averages, signaling strong underlying support. However, the Daily RSI is hovering at 74.54, which places it firmly in the overbought territory. This raises the probability of short-term profit booking or minor corrective moves before the next leg of the rally resumes.

The Gold/Silver ratio (Mint Ratio) closed at 86.35, sustaining above the 200-DEMA, thereby establishing a crucial support level. In addition, a 20–50 DEMA bullish crossover has been observed, which indicates the possibility of a medium-term trend reversal in favor of Silver.

Overall, momentum in Silver remains strong, but the risk of near-term pullbacks cannot be ignored due to overbought technical conditions. Support is seen at 126,700–123,500, while resistance levels are placed at 129,500–131,000. Whereas dips towards the identified support levels may attract fresh buying opportunities.

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Prediction given by Technical Research Team - Choice.