Silver is emerging as an attractive investment option in India, driven by the country’s focus on renewable energy and electric vehicles. Increased demand from these sectors, coupled with limited domestic supply, is pushing silver prices upward. Indian investors are exploring silver ETFs, futures, and digital silver, recognizing its potential as an inflation hedge and a valuable industrial commodity.
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