Hindustan Zinc Soars 6% as Silver's Bull Run Drives Shares to 52-Week High

Business
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Moneycontrol•24-12-2025, 18:01
Hindustan Zinc Soars 6% as Silver's Bull Run Drives Shares to 52-Week High
- •Hindustan Zinc shares surged over 6% in a three-day rally, hitting a fresh 52-week high of Rs 631.90 on the NSE.
- •The rally is attributed to the continued bull run in silver prices, with the stock rising 3.62% during Wednesday's session.
- •Precious metals like Gold, Silver, and Platinum hit record highs; Gold crossed $4,500, Silver touched an all-time high of $72.70.
- •Safe-haven demand and expectations of US interest rate cuts are fueling the surge in precious metal prices.
- •US President Donald Trump's comments on lower interest rates further support the outlook for precious metals, which benefit from a low-yield environment.
Why It Matters: Hindustan Zinc's rally reflects strong precious metal prices driven by safe-haven demand and rate cut hopes.
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