July 14, 2025 4:00 PM
Indian investors flock to silver as returns overtake those from gold
Indian investors, traditionally obsessed with stockpiling gold, are increasingly turning to silver, which was trading near a 14-year high on Monday, as its returns this year outpaced those of gold. Imports fill most of the demand in the world's largest consumer of silver, where domestic prices touched a record high of 114,875 rupees ($1,336) a kg as a production shortfall spurred investors' hopes for a further rally. "Gold's done pretty well for me over the last couple of years," said Umesh Ag...