Page 25 - Silver

Gold price falls Rs 10 to Rs 72,590, silver falls Rs 100 to Rs 83,400

The price of 22-carat gold also declined by Rs 10, with the yellow metal selling at Rs 66,540

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 72,590

The price of 22-carat gold also declined by Rs 10, with the yellow metal selling at Rs 66,540

Gold price climbs Rs 10 to Rs 72,720, silver rises Rs 100 to Rs 84,600

The price of 22-carat gold also edged up Rs 10, with the yellow metal selling at Rs 66,660

Gold price dips Rs 10 to Rs 72,260, silver falls Rs 100 to Rs 82,400

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 66,240

As silver price rally, Hindustan Zinc's plans entry into value-adds

Hindustan Zinc appoints Hugo Schumann as head of silver division to intensify focus on the white metal

Gold price climbs Rs 10 to Rs 74,350, silver dips Rs 100 to Rs 86,400

The price of 22-carat gold also rose Rs 10, with the yellow metal selling at Rs 68,160

Vedanta firm Hindustan Zinc becomes 3rd largest silver producer globally

Vedanta group firm Hindustan Zinc on Thursday said it has become the third largest producer of silver globally. As per a survey, its Sindesar Khurd Mine in Rajasthan now stands as the world's second largest silver-producing mine, moving up from last year's fourth spot, the company said in a statement. Silver plays a pivotal role in the global energy transition and Hindustan Zinc's production growth of 5 per cent year-on-year is attributed to increased ore production and enhanced grades, reinforcing its status as a key player in the global silver market, Hindustan Zinc Chairperson Priya Agarwal Hebbar said. Hindustan Zinc, a Vedanta Group company in zinc, lead and silver businesses, is the world's second largest integrated zinc producer and now the third largest silver producer. The company has a market share of 75 per cent of the growing zinc market in India with its headquarters in Udaipur along with zinc, lead mines and smelting complexes spread across Rajasthan.

You should invest in silver gradually or on pullbacks after the rally

Opt for a silver exchange-traded fund or a fund-of-funds having low expense ratio and tracking error

Gold consolidates after hitting record high on West Asia tensions

Iran launched explosive drones and missiles at Israel late on Saturday in retaliation for a suspected Israeli attack on its consulate in Syria on April 1

Exploring investment in silver? Here're 5 popular methods with pros & cons

During economic uncertainties, investors often turn to precious metals like silver to safeguard their wealth

Gold price climbs Rs 10 to Rs 73,320, silver rises Rs 100 to Rs 86,600

The price of 22-carat gold also rose Rs 10 with the yellow metal selling at Rs 67,210

Gold gains Rs 1,050 to breach Rs 73k-mark; silver too hits fresh peak

Gold and silver prices rallied for the fourth straight session and hit fresh peaks on Friday, with the yellow metal gaining sharply by Rs 1,050 to breach Rs 73,000 per 10 grams level amid bullish global trend. According to HDFC Securities, gold price surged Rs 1,050 to hit its lifetime high of Rs 73,350 per 10 grams in Delhi. It had closed at Rs 72,300 per 10 grams in the previous session. Similarly, silver prices zoomed Rs 1,400 to hit a new record of Rs 86,300 per kg. "Spot gold (24 carats) prices in the Delhi markets are trading at a record high of Rs 73,350 per 10 grams, up by Rs 1,050, taking positive cues from overseas markets," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said. Commodity markets were partially closed on Thursday on account of Eid-Ul-Fitr. In the global markets, spot gold at Comex traded at USD 2,388 per ounce, up USD 48 from the previous closing level. Gold reached a new all-time high in the early hours of the European trading day on Fr

Explained: Silver prices may touch Rs 1 lakh, should you invest?

Motilal Oswal has cited several factors driving silver prices, including strong demand from the industrial sector (electronics, solar) and its role as a safe-haven asset during economic uncertainties.

Behind the glitter: Why is gold going up in value, how should you invest?

It is not an interest-bearing asset and has precious little industrial use

Gold price dips Rs 10 to Rs 69,970, silver falls Rs 100 to Rs 81,600

The price of 22-carat gold also fell Rs 10, with the yellow metal selling at Rs 64,140

Gold price climbs Rs 10 to Rs 69,390, silver rises Rs 100 to Rs 78,700

The price of 22-carat gold declined Rs 10 with the yellow metal selling at Rs 63,610

Retaining sheen: Gold, silver may continue to sparkle next financial year

What is worth observing for the Indian market is that since the last nine years, gold investors have made money each year, while in silver, gains have been consistent only in the last five years

Metals soften in FY24, crude oil hardens in the international market

Most base metals, except tin, have ended lower in the last two years

Govt updates list of banks authorised to import gold, silver in FY25

The government on Thursday updated the list of banks authorised to import gold and silver during 2024-25. As per the list, 11 banks, including HDFC Bank and ICICI Bank, have been authorised by the Reserve Bank of India to import gold and silver for 2024-25 with effect from April 1. The authorisation will be valid up to March 31 next year. "List of banks authorised to import gold/silver...has been updated," the Directorate General of Foreign Trade (DGFT) said in a public notice. Three banks -- Indian Overseas Bank, Punjab National Bank, and Union Bank of India -- have authorised by the RBI to import only gold for 2024-25 with effect from April 1 this year. Gold imports rose 38.76 per cent to USD 44 billion during April-February this fiscal. However, silver imports dipped 11.53 per cent to USD 4.62 billion during the period.

Gold slips Rs 10, silver declines Rs 100, yellow metal trading at Rs 66,700

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,140