Silver Jewellery

BIS to scale up silver hallmarking testing as buyers shift from costly gold

The Bureau of Indian Standards (BIS) is preparing to scale up testing of silver jewellery as demand shifts from gold amid a spike in prices, a senior BIS official said, adding that referral and assay laboratories for silver will expand nationally within two years. Silver hallmarking has been voluntary since 2005, and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity. "Last year, we introduced HUID for silver jewellery as well, and demand is increasing. We have taken stock of the requirements and are ready to take up silver jewellery testing in a big way in our laboratories," BIS Deputy Director General (Laboratories) Nishat S Haque told PTI. "We will be able to handle the requirement within our own labs for roughly the next two years. Within that period, we will be expanding referral and assay laboratories across the country," she said. The number of silver jewellery articles hallmarked ros

MMTC-PAMP launches first organised silver buyback service across cities

Bullion refiner MMTC-PAMP on Wednesday launched what it called the industry's first organised buyback programme for silver coins, bars and jewellery, initially covering seven cities before a planned nationwide rollout. The service will begin at select exclusive brand stores and purity verification centres in Kolkata, Bhubaneswar, Guwahati, Ludhiana, Ahmedabad, Mumbai, and New Delhi, with an expansion across all its stores planned for the next fiscal year. MMTC-PAMP currently operates 17 gold recycling stores in India and aims to extend its silver buyback service across these centres. Customers can have their silver products melted and tested using XRF technology under security surveillance at the company's purity verification centres. Payment will be made directly to a designated bank account based on prevailing market buyback rates, the company said in a statement. "Indian households collectively hold approximately 35,000 tonnes of gold and much more silver. While silver mine ...

MCX, NSE remove additional margins on gold, silver future contracts

MCX and NSE said have removed an extra 3 per cent margin on all gold futures contracts and 7 per cent on all silver futures contracts, starting today. The move is expected to ease margin requirements

Gems & Jewellery stocks: Goldiam, Kalyan, Senco, Thangamayil zoom up to 18%

If tariff rates on gems and jewellery are reduced to zero, it will bring major relief to India's gems and jewellery sector, which counts the US as its largest export market, said ICICI Securities.

Silver hits Rs 300,000/kg on MCX; analysts see more upside amid volatility

Silver moving through the $90/oz mark, believes Nigel Green, chief executive officer of deVere Group, a global consulting firm that has $14 billion in AUM, marks a decisive shift in market psycology

Silver crosses ₹3 lakh per kg; rally strong but correction risks loom

The tariff threat, tied to a dispute over control of Greenland and broader trade tensions, has rattled markets and reinforced precious metals' appeal as a hedge against economic instability.

Silver prices can rally 20% to Rs 240,000/kg in 2026: Axis Securities

Silver, Axis Securities said, has broken out of a multi-year consolidation phase, signaling the early stages of a long-term structural uptrend

Cautious on Gold, bullish on Silver in 2026: What DSP advises investors

Hold on to some gold, but don't chase prices higher. Use dips below US$3,700/oz to add. Consider increasing exposure to silver ETFs or mutual funds as a tactical play.

Silver outlook positive; ₹122,000 acts as key support, ₹131,000 next target

Silver outlook continues to remain constructive on rate cut expectations, huge ETF inflows, elevated geopolitical and economic risks. Strength in gold bodes well for silver.

Here's how to trade Silver on September 3; check resistance, support here

Strong ongoing rally in Chinese equities is mostly positive for the grey metal. CSI33 Index has rallied over 27 per cent from its April low.

Trading Strategy: Here's how you should trade Silver today; details

Silver trading strategy: Healthy risk appetite on US-China trade truce extension and surging risk assets would continue to support the metal into the dips.

Silver to trade with negative bias but likely to rise in coming months

Interim support is at $29 (Rs 86,000). Resistance is at $30.90 (Rs 91,600) /$31.43 (Rs 93,200)

Here's your trading guide for Silver on Friday, April 4; check details

Silver has been subjected to intense selling pressure due to its industrial attribute. Nearly 64 per cent of the total demand for the metal is industrial, says Praveen Singh of Mirae Asset Sharekhan

Silver trading strategy: Check Support, Resistance, other key levels here

Silver may decline a bit, though downside is likely to be limited

Silver trading strategy: Check Support, Resistance, other key levels here

Silver is expected to push higher should gold rise to record highs. The grey metal is up around 15 per cent this year

Silver trading strategy: Check Support, Resistance, other key levels here

As long as Silver continues to hold above $30 (Rs 88,000), we look for a target of $35 (Rs 103,000) in the coming months

Silver trading strategy: Check Support, Resistance, other key levels here

Support for Silver is at $31.77 (Rs 94,000) /$31.11 (Rs 92,000). Resistance is $32.55 (Rs 96,300)/$33.45 (Rs 99,000)

Here's how to trade Silver On January 3; Check suppport, target and more

Silver trading strategy: Stable US yields may help Silver test the resistance around $30.20 in ultra-short term, though buying the dips is advisable over chasing the rally

Silver trading strategy: Support at Rs 86,700, resistance at Rs 91,100

With a constrained supply growth and rising industrial usages, silver is mostly headed for a fifth straight year of deficit in 2025

Nagpur's ZIA Silver Jewellery Sets Sights on 300 Stores Nationwide by FY'29

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