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Bullion prices soar as silver breaks major milestone
Silver crossed ₹4 lakh per kg and gold surged sharply as global tensions, currency weakness, and safe-haven demand pushed bullion prices higher.
Silver prices crossed four lakh rupees per kilogram while gold jumped about ₹16,000, driven by strong global cues, geopolitical tensions, and safe haven demand. A weaker rupee, firm industrial demand, and expectations of softer US rate outlook lifted bullion prices domestically. Experts say volatility may persist, advising investors to track dollar movement, inflation data, and central bank signals before fresh allocations during coming weeks ahead.