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Silver soars to a record high, Indians rush to cash in!The India Bullion & Jewellers Association (IBJA) estimates that about 100 tonnes of old silver were sold in just one week, a volume that typically takes several months to surface. Under normal circumstances, the domestic market receives only 10–15 tonnes of old silver in an…
Silver rate today: Silver prices surged sharply in Delhi on Friday, jumping Rs 8,500 to close at a record Rs 1,71,500 per kilogram, driven by robust safe-haven demand and ongoing supply constraints in global markets.The All India Sarafa Association reported that silver had closed at Rs 1,63,000 per kilogram on Thursday. Over the past three…
Silver prices experienced a substantial surge of Rs 1,900, reaching a new record of Rs 1,41,900 per kilogram, while gold increased by Rs 330 in the national capital on Friday due to strong stockist demand and festival-related purchasing, as reported by the All India Sarafa Association, quoted by PTI.Silver, which had previously closed at Rs…
