Hindustan Zinc Shares Soar 2% as Silver Prices Jump Amid Geopolitical Tensions

• Hindustan Zinc shares rose 2% on January 6, driven by a surge in silver prices due to geopolitical uncertainties.
• Silver ETFs, including Mirae Asset and Aditya Birla, climbed up to 3%, mirroring the metal's sharp increase.
• Silver prices surpassed $79/oz, nearing record highs, with MCX futures hitting all-time highs for July and September expiries.
• Experts advise caution due to silver's volatility, suggesting entry when prices stabilize near support zones.
• Medium-term outlook for silver (2026) remains constructive, supported by strong industrial demand and persistent supply constraints.

Why It Matters: Geopolitical events fueled a silver price surge, boosting Hindustan Zinc and silver ETFs, but caution is advised.