Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision

Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per ounce, driven by strong industrial demand expectations and persistent supply constraints. Analysts predict continued upward momentum for both precious metals.

Why less trading might actually work better for you, Zerodha co-founder Nithin Kamath explains

Nithin Kamath argued that increased trading activity reduces profitability for retail investors. He highlighted Zerodha’s model of discouraging frequent trades, resulting in significantly lower brokerage revenue compared to peers. By avoiding nudges that push volumes and not incentivising employees on revenue, Zerodha aims to promote thoughtful participation and long-term investor retention.