Silver has touched record highs this week, crossing $60 an ounce for the first time. This surge is driven by strong industrial demand, persistent supply deficits, and global economic uncertainties. India has also seen unprecedented price rises. The market anticipates further gains, though a consolidation phase is expected in early 2026 before resuming an upward trend.
RBI likely to keep status quo on policy rate as threats loom
A majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This