Silver has been flying higher lately, with the white metal hitting Rs 1.51 lakh per kg on Tuesday, September 30. Silver has topped Rs 1.5 lakh per kg mark for the first time as the bull in the precious metal continues, supported by positive global cues and strong industrial demand. Even in the global arena, silver is the performing commodity in September, rising over 18 per cent. Advertisement
According to the market experts, silver owns dual properties of both a precious metal and an industrial commodity which have triggered a sharp rise in its demand. Major industries including electric vehicles, solar energy and electronics continue to build long-term consumption, while investors have increased allocations amid global uncertainty.
“Geo-political tensions and Trump’s tariff threats ar