Is it silver’s time to shine brighter than gold?

By Biman Mukherji Often called the poor man’s gold, it may soon be silver’s time to shine brighter for hordes of investors. While turbulent equity markets, geopolitical tensions and expectations of a U.S. Federal Reserve rate cut has driven up gold to six-year highs internationally and all-time highs in India recently, silver has lagged unusually […]

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Hindustan Zinc becomes ninth-largest silver producer in the world; India, the 12th largest

India’s zinc and lead major Hindustan Zinc (HZL), belonging to Anil Agarwal-led Vedanta group, has become the world’s ninth largest silver producer in calendar year 2018 (CY18). The firm improved its ranking from last year’s 11th spot, according to the data provided by Washington-based Silver Institute, a global body of all silver stakeholders, from mines to consumers. Also, India […]

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COMMENTARY – Global economic turmoil playing havoc with precious metals

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­­­The turbulence in global economic dynamics is playing havoc with precious metals, with gold continuing to be under pressure with prices once again falling below the psychological $1,200 an ounce and silver all but collapsing, touching $14 an ounce. A firmer US dollar, higher US bond yields and importantly a rising US stock market is […]

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