At Rs 1.4L/kg, silver records new high, up 59% this year
Silver prices in India soared to a record high, surpassing Rs 1.40 lakh/kg, driven by international prices exceeding $45/ounce and a weaker rupee. This surge in the white metal contrasts with a slight softening of gold prices domestically, influenced by global trends. Market analysts attribute the precious metals rally to dovish US rate-cut outlook, geopolitical tensions, and a weaker dollar.🕒 1 min read
Silver prices in India soared to a record high, surpassing Rs 1.40 lakh/kg, driven by international prices exceeding $45/ounce and a weaker rupee. This surge in the white metal contrasts with a slight softening of gold prices domestically, influenced by global trends. Market analysts attribute the precious metals rally to dovish US rate-cut outlook, geopolitical tensions, and a weaker dollar.
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