Daily trending news …
With gold prices skyrocketing 77% in India this year—hitting record highs amid global demand and a weaker rupee—consumers are ditching jewelry due to high making charges and opting for investment-grade bars, coins, and ETFs.
Skyrocketing silver prices triggered a massive sell-off as Indians offloaded an unprecedented 100 tonnes of old silver in just one week — 7-10 times the normal monthly volume. Silver surged to a historic Rs.1,78,684 per kg on Wednesday before settling at Rs.1,75,730. Driven by profit-booking, wedding season cash needs and holiday travel expenses, households are selling scrap silverware and utensil
