Business Today

Silver ETFs Shining On

SILVER IS POSSIBLY the most sought-after metal in the market right now. It is trading between ₹91,000-95,000 per kg. In fact, it has outperformed both gold and the BSE Sensex in May. This surge can be attributed to several factors, including the ripple effect of high gold prices leading to an increased demand for silver.

“Comex silver prices have gained more than 30% this year, while MCX silver prices are not trading far from an all-time high of ₹95,950 per kg

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