Silver prices surge to Rs 92,400/kg, nearing last May's high amid Fed rate cut hopes
- Posted on September 17, 2024
- By Business News Today
- 4 Views
Silver prices surge to Rs 92,400/kg, nearing last May's high amid Fed rate cut hopes
Silver prices reached a new high of Rs 92,400 per kg on Tuesday, driven by a potential Fed rate cut and increased industrial demand. The PM's focus on solar panels has further boosted silver consumption in India. Silver is gaining popularity as an alternative to gold due to its lower price and higher volume.
