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 […]

Silver ETFs shine in India as investors chase record returns amid pricey gold| Business News

India’s silver exchange-traded funds are suddenly in the spotlight, attracting record inflows and delivering eye-catching returns—but experts warn that the rally may be getting ahead of itself. The exuberance over silver ETFs has also led to distortions. (Unsplash) According to Reuters, silver ETFs have drawn ₹8,603 crore in inflows during the first eight months of […]