Silver Falls 2% To Rs 2.5 Lakh/Kg As Gold Gains Rs 700/10g

In a recent market update, silver prices have declined by approximately 2%, settling at Rs 2,50,000 per kilogram, according to the All India Sarafa Association. This marks a decrease of Rs 5,000 from the previous price of Rs 2,55,000 per kg. The decline in silver values coincides with a rise in gold prices, which have increased by Rs 700 per 10 grams. As gold continues to gain traction among investors, the contrasting trends in precious metals highlight the dynamic nature of the market. Investors are closely monitoring these fluctuations, as both metals traditionally serve as safe-haven assets during times of economic uncertainty. The interplay between silver and gold prices often influences investment strategies in the Indian market, reflecting broader trends in global commodities. Analysts suggest that while silver has faced a dip, it remains a valuable asset for long-term investment, especially considering the potential for price recovery in the upcoming months.
Originally reported by NDTV Profit. Read original article
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