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Silver Rally Lifts Hindustan Zinc to Fresh Highs in Strong 10-Day Run
Hindustan Zinc shares gained 14% in ten sessions as silver hit record highs globally, supported by strong demand, supply constraints, and renewed investor interest in metals.
Shares of climbed to a new record as soaring silver prices boosted sentiment across metal producers. The stock rose about 3.4% on Friday to ₹646 on the BSE, extending gains to nearly 14% over the past ten trading sessions. The rally mirrors silver’s surge past $75 per ounce globally, with MCX prices touching ₹2,32,741 per kg. Market participants cite strong industrial demand, safe haven buying, and supply constraints as key drivers.