Bullion Boom: Silver Tops Rs 4 Lakh, Gold Hits New Peak

 

Silver Breaks Historic Barrier  
Silver’s unprecedented rise past Rs 4 lakh per kg underscores heightened industrial demand and global supply constraints. Analysts point to increased usage in renewable energy and electronics as key drivers, alongside investor appetite for precious metals.  

Gold Sets New Benchmark  
Gold prices surged to Rs 1.83 lakh per 10 grams, marking a fresh record. The metal’s rally is attributed to global economic concerns, central bank buying, and weakening currency trends, making gold a preferred hedge against inflation and volatility.  

Market Outlook  
Experts suggest that both silver and gold may continue their upward trajectory if global uncertainties persist. However, they caution retail investors to remain mindful of price volatility and international market cues.  

Key Highlights  

• Silver crosses Rs 4 lakh per kg in Delhi  
• Gold hits Rs 1.83 lakh per 10 grams  
• Global demand and supply constraints driving surge  
• Safe-haven appeal boosts investor interest  
• Analysts expect continued volatility in precious metals  

Conclusion  
The record-breaking surge in silver and gold highlights India’s deep connection to precious metals as both investment and cultural assets. With global factors at play, the metals market is set to remain in sharp focus for investors and policymakers alike.  

Sources: Economic Times, Business Standard, Mint