Silver rate today: Silver prices rebounded sharply on Thursday, rising by Rs 2,000 to trade near their record high at Rs 1,84,000 per kilogram (inclusive of all taxes) in a volatile session, after touching a lifetime high of Rs 1,85,000 per kg on Tuesday.Spot silver was marginally up at $53.05 per ounce, following Tuesday’s record…
Silver prices in Chennai crossed the Rs 2 lakh per kilogram mark on Thursday amid surging festive demand and a strong global rally in precious metals.According to data from Goodreturns, quoted by Economic Times, silver stood at Rs 2,06,000 per kg, or Rs 206 per gram, in the city’s physical market, marking a nearly 28%…
Given the ongoing geopolitical tensions, inflationary concerns, and a weak global economic outlook, gold remains a preferred safe-haven asset. (AI image) Gold and silver price prediction today: Both gold and silver prices are exhibiting strong bullish momentum and investors should look to buy on dips, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional…
Silver has emerged as one of the year’s best-performing commodities, delivering returns of nearly 70% so far in 2025. The precious metal breached $35 per ounce in the first half of the year and hit a 14-year high of $44.11 in September, before surging past $51.30 in October.According to a new report by brokerage Motilal…
Silver has emerged as the standout performer of 2025, delivering an average 102% return to investors through ETFs, according to an ET report. Once overshadowed by gold, the white metal is now trading near Rs 1.8 lakh per kg in the spot market, with analysts projecting domestic prices could reach Rs 2.46 lakh in the…
Silver rate today: Silver prices retreated sharply on Wednesday, dropping Rs 3,000 to close at Rs 1,82,000 per kg (inclusive of all taxes) after surging Rs 6,000 to a record Rs 1,85,000 per kg on Tuesday. In the overseas market, spot silver was trading 2.81 per cent higher at $52.84 per ounce, down from a…
Silver has become 2025’s most profitable investment, with silver exchange-traded fund (ETF)s yielding impressive 102% returns this calendar year. The industrial metal’s value has reached unprecedented levels, trading at approximately Rs 1.8 lakh in the spot market, with analysts forecasting targets up to Rs 2.46 lakh per kg, driven by increased demand and limited supply.Traditional…
Mumbai: A global shortage of silver is creating chaos across bullion and commodities markets, and India is also feeling the pinch. In the domestic market, there’s a huge difference between the price of silver futures for delivery in Dec and the spot market price, while several mutual fund houses have stopped taking money in their…
MUMBAI: What’s Diwali without sweets? And what’s kaju katli or gulab jamun without its silver varakh (foil)? Ahead of Diwali, many sweet shops are facing a shortage of the varakh as silver price has been soaring, touching Rs 1.9 lakh a kg in the spot market Tuesday.It’s a bittersweet moment for shops as it comes…
Gold and silver are expected to maintain strong momentum in the coming months, driven by robust central bank demand, shifts in US monetary policy, and supply constraints, according to Nilesh Shah, Managing Director of Kotak Asset Management Company (AMC).Shah highlighted that central bank purchases, both in gold and potentially silver, remain a key driver for…