Gold tears past ₹1.5 lakh in India as trade war fears trigger a rush to safe havens| Business News

Gold and silver prices in India tore through record highs Wednesday, tracking a ferocious global rally as escalating trade tensions between the US and Europe sent investors fleeing to safe-haven assets. The catalyst for the latest leg of the bullion super-cycle appears to be renewed geopolitical friction. (Reuters) On the Multi Commodity Exchange (MCX), gold […]

Silver rate whipsaws ~9% today on persistent mismatch between supply and demand| Business News

The silver rate whipsawed in today after scaling an all-time high that briefly made the white metal a more lucrative assets than Nvidia’s stock. The silver rate surged as much as 5.99% to an intraday high of ₹2,54,174.00, before giving up all the gains and more to hit an intraday low of 2,33,120.00—down 2.78%. (Unsplash) […]