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) […]

Gold prices surge on US Fed rate cut bets, silver rate surges to a record| Business News

Prices of gold and silver rose to an all-time high today, tracking global cues stemming from growing expectations of more interest-rate cuts by the US Federal Reserve and strong safe-haven demand. Silver has surged 138% year-to-date, vastly outperforming gold, underpinned by robust investment inflows and persistent supply constraints. (Unsplash) What’s the gold, silver rate today […]

Silver rate jumps to a record ₹2.05 lakh/kg on tigher supply, gold up 0.13%| Business News

Silver prices in India surged to an all-time high on Wednesday, supported by a global rally, amid signs of tighter supplies and expectations of future interest-rate cuts by the US Federal Reserve. Silver has outperformed gold this year with around 80% return. (Unsplash) On the Multi Commodity Exchange, the silver rate surged by ₹4.14% to […]

Silver rates surge to near ₹2 lakh per kg in India, ETFs see record inflows| Business News

Silver prices rose to an all-time high in India on Wednesday on strong investor demand and expectations of an interest rate cut by the US Federal Reserve. India is the biggest market for silver globally. (Bloomberg) Silver futures for March delivery jumped ₹3,736/kg, or 1.98%, to ₹1,91,800/kg on the Multi Commodity Exchange. The white metal […]