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Silver prices tumble Rs 35,000/kg in just 4 days. Should investors buy this dip?
MCX silver futures have plummeted nearly 40% from their January record high, driven by a combination of demand destruction, macroeconomic concerns, and a recent 15% import duty hike in India. The white metal's industrial demand sensitivity and shifting investor sentiment are key factors in its sharp correction.
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theprint.in
Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc
New Delhi, May 15 (PTI) India’s gold imports surged 81.69 per cent year-on-year to USD 5.62 billion in April, driven by high prices of the precious metal, though imports may…
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thehindubusinessline.com
Silver plunges Rs 21,600 per kg, gold falls sharply amid strong dollar
Gold fell Rs 3,200 and silver plunged Rs 21,600 in Delhi bullion markets amid a stronger US dollar and heavy investor profit-booking.
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economictimes.indiatimes.com
What does an import restriction mean for silver investments?
Indias move to restrict silver imports and raise duties is expected to push up domestic prices by increasing premiums over global benchmarks. While global prices may remain…
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Silver tanks Rs 5,600/kg, gold slips Rs 1,000/10g after drone strike on UAE nuclear plant amid Iran war fears. Time to sell?
Gold and silver prices opened sharply lower on Monday, driven by escalating Middle East tensions that pushed oil prices higher and fueled inflation concerns. This surge in oil…
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Silver prices tumble Rs 35,000/kg in just 4 days. Should investors buy this dip?
MCX silver futures have plummeted nearly 40% from their January record high, driven by a combination of demand destruction, macroeconomic concerns, and a recent 15% import duty…
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Hindustan Zinc shares crack 7% in two sessions. What’s behind the sharp slide?
Hindustan Zinc shares fell as silver prices crashed sharply on Multi Commodity Exchange of India. MCX silver plunged over Rs 5,000 per kg in a day and has corrected nearly 13%…