Silver outshines gold for first time in festive season

This Dhanteras saw an unprecedented surge in silver sales, overshadowing gold for the first time due to soaring gold prices. Silver sales increased by 30-35% despite a 40% price hike. The demand was driven by the affordability compared to gold and anticipated industrial use, especially from the electric vehicle sector.

Oct 31, 2024 - 05:00

Silver outshines gold for first time in festive season

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This Dhanteras saw an unprecedented surge in silver sales, overshadowing gold for the first time due to soaring gold prices. Silver sales increased by 30-35% despite a 40% price hike. The demand was driven by the affordability compared to gold and anticipated industrial use, especially from the electric vehicle sector.