Editor’s Note
This article reports a record single-day surge in silver prices in the Bhilwara market, marking a significant rebound after recent declines.
In the Bhilwara Sarafa market, silver made a significant jump of ₹18,000 per kilogram on Wednesday. Following this substantial increase, the price of silver has reached ₹2,83,000 per kilogram. After the decline over the past few days, this is considered the biggest single-day gain for silver.
Along with silver, gold prices have also seen an improvement. On Wednesday, the price of gold increased by ₹500 per 10 grams. After this rise, the price for 10 grams of gold has now reached ₹1,63,500. Sarafa traders believe that the impact of changes happening in the global market is clearly visible on the local market.
