Silver Hits ₹2 Lakh; Anil Agarwal's Hindustan Zinc Shares Rocket

• Silver prices exceeded ₹2 lakh per kg for the first time, reaching ₹2.04 lakh in Delhi.
• The surge is attributed to a US Fed interest rate cut, a weakening dollar, and increased commodity investment.
• Hindustan Zinc, India's largest silver producer, saw its shares jump over 7% due to rising silver prices.
• Strong industrial demand, particularly from the solar sector, and tight supply are key drivers for silver's price increase.
• Analysts predict further gains for silver, with Citi forecasting prices potentially reaching $62 to $70 per ounce.

Why It Matters: Silver's record price surge signals investment shifts and economic trends.