Hindustan Zinc Shares Surge as Silver Hits Record Highs Amid Geopolitical Tensions

• Hindustan Zinc shares jumped over 3% as silver futures reached a fresh record high of nearly Rs 2.64 lakh/kg.
• Silver ETFs, including Zerodha Silver ETF and others, also saw significant gains, rising around 4%.
• Geopolitical tensions, tariff threats, and a criminal probe into Federal Reserve Chair Jerome Powell are boosting safe-haven assets like silver.
• Unrest in Iran and potential US tariffs on Russian oil buyers like China and India contribute to market uncertainty.
• Experts advise caution, noting that while industrial demand supports long-term silver prices, short-term rallies can lead to sharp pullbacks.

Why It Matters: Silver prices hit record highs, driving Hindustan Zinc shares and ETFs up, fueled by global uncertainties.