Silver hits Rs 2 lakh mark in Chennai: Festive rush, global rally lift prices to record high; market sees 28% fortnightly jump
Silver hits Rs 2 lakh mark in Chennai: Festive rush, global rally lift prices to record high; market sees 28% fortnightly jump
Chennai's silver prices surged past Rs 2 lakh per kilogram on Thursday, driven by robust festive demand and a strong global rally. This marks a significant 28% increase in just over two weeks, with jewellers reporting heightened interest in silver items ahead of Dhanteras and Diwali. The upward trend reflects broader domestic and international market movements, fueled by industrial demand, investor hedging, and a weaker US dollar.
Chennai's silver prices surged past Rs 2 lakh per kilogram on Thursday, driven by robust festive demand and a strong global rally. This marks a significant 28% increase in just over two weeks, with jewellers reporting heightened interest in silver items ahead of Dhanteras and Diwali. The upward trend reflects broader domestic and international market movements, fueled by industrial demand, investor hedging, and a weaker US dollar.
Chennai's silver prices surged past Rs 2 lakh per kilogram on Thursday, driven by robust festive demand and a strong global rally. This marks a significant 28% increase in just over two weeks, with jewellers reporting heightened interest in silver items ahead of Dhanteras and Diwali. The upward trend reflects broader domestic and international market movements, fueled by industrial demand, investor hedging, and a weaker US dollar. 
