Silver beats gold, scorching Rs 11,000 run up in a day; gold at high of Rs 1.27 lakh

White metal’s trajectory steeper than gold as it zooms 58% over a month, notches up unheard-of single-day rise: Silver prices have reached an unprecedented Rs 1.73 lakh per kg. This surge is driven by strong investor demand and a global shortage of the precious metal. Tight global supplies and expectations of lower interest rates are key factors. Jewellers are facing challenges as consumers seek silver amid its rally.

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