Srinagar, June 28 -- Silver prices could rise by as much as 25% to 30% from current levels this year, according to Gautam Shah, founder of Goldilocks Global Research. Speaking to NDTV Profit on June 27, Shah highlighted silver as a standout opportunity in the commodities space, noting that it has outperformed gold in recent months.

"The gold-to-silver ratio has broken out, and I expect a substantial upside of up to 30% in silver," Shah said, adding that Indian silver proxy stocks also look promising. He sees gold having reached an "intermediate top" in the $3,400-$3,500 range.

Turning to equities, Shah forecasted that the Nifty 50 could climb to 26,200 in the near term and projected a target of 28,400 for long-term investors. "For the r...