Gold Hits ₹1.38 Lakh, Silver Crosses ₹2.14 Lakh | What’s Fueling the Bullion Boom? | News9
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Gold Hits ₹1.38 Lakh, Silver Crosses ₹2.14 Lakh | What’s Fueling the Bullion Boom? | News9
Gold and silver prices have surged to record highs as global markets react to falling U.S. interest rates, fiscal stress and geopolitical uncertainty. While gold touched ₹1.38 lakh per 10 grams, silver spiked past ₹2.14 lakh per kg, driven by industrial demand, tight supply and safe-haven buying. Is this rally sustainable or overheated ...
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The price of silver reached an all-time high this month. While it has benefited from the same forces lifting gold and other precious metals, such as safe-haven demand and trade tensions, silver's rally isn’t just a copycat move. So what caused prices to peak? And what does it say about our reliance on this precious metal? CNBC Explains producer Gaelle Legrand breaks it down. Watch the full explainer here: cnb.cx/44J2BFH | CNBC International
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