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Diverging bullion moves highlight silver’s surge and gold’s brief pullback
Silver surged sharply on China-linked industrial demand, while gold saw a brief pullback due to profit booking, highlighting diverging trends in the bullion market.
Precious metal prices showed a sharp divergence as silver surged while gold eased in early trade, reflecting shifting demand dynamics. Silver prices jumped sharply, rising by nearly ₹14,000 per kg, supported by strong industrial demand signals linked to China and expectations of continued consumption in electronics and renewable energy. In contrast, gold prices softened on profit booking after a strong rally, despite broader support from global rate cut hopes.