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Silver hits record overseas, but India trades at ₹10,000 discount as demand cools

Buzz line3 months ago04 mins

MUMBAI: Even as silver surged to a record high of $93.22, or ₹9,412, an ounce (31.10 grams) in overseas markets, the Indian physical market saw the white metal trading at a discount of ₹10,000 per kg to the landed cost, as demand slowed at historic price levels, trade participants said. “There is a ₹10,000 per…

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Silver rate today in Delhi: One kg silver worth ₹3,955 turns into ₹2,86,180 in 40 years. Details here

Buzz line3 months ago04 mins

Silver rate today in Delhi: Silver prices have skyrocketed more than 7,135% in the last 40 years on the Indian commodity market, as investors who purchased one kilogram (kg) of the precious metal for an average annual price of ₹3,955 in 1985 ended up with massive returns, BankBazaar data shows. As per Bullions data collected…

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