• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Forget gold, many settle for silver instead ahead of India's auspicious Deepavali festival

Forget gold, many settle for silver instead ahead of India’s auspicious Deepavali festival

October 22, 2022
How to Play and Win the Daily Mega Game Jackpot

How to Choose the Right Online Slot Game for You

November 30, 2023
Inkjet Label Rolls: Versatile Applications and Usage Insights

Inkjet Label Rolls: Versatile Applications and Usage Insights

November 28, 2023
Mostbet: Providing a Superior Betting Experience in India.

Mostbet: Providing a Superior Betting Experience in India.

November 27, 2023
It is the High time to switch to Slot Online here is why?

Slot- All You Need to Know 

November 24, 2023
Food Delivery At Railway Station

How to Order Food Online for a Group Train Journey

November 21, 2023
1-Yr. Anniv.QA Expert Daryl Guberman- ISSUES Formal Deposition On ANSI-ANAB Mantra HALF NUT F*ck U 2019.

1-Yr. Anniv.QA Expert Daryl Guberman- ISSUES Formal Deposition On ANSI-ANAB Mantra HALF NUT F*ck U 2019.

November 21, 2023
short-term rentals

 Finding Short-term Rentals for Temporary Relocations and Renovations

November 20, 2023
Why THC-O Vape Pen Is Right For You?

How to choose grill smoker spare parts?

November 15, 2023
Explore Comfort and Style: 7 Must-Have Boston Clogs from Birkenstock

Explore Comfort and Style: 7 Must-Have Boston Clogs from Birkenstock

October 30, 2023
It is the High time to switch to Slot Online here is why?

Strategies for Making Money with Online Slot Machines

October 18, 2023
Mastering Roulette: Luck or Strategy?

Mastering Roulette: Luck or Strategy?

October 12, 2023
What’s The Story Of Gadar: Ek Prem Katha, And What To Expect In Gadar 2?

What’s The Story Of Gadar: Ek Prem Katha, And What To Expect In Gadar 2?

October 6, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, December 10, 2023
Asia Posts- Trending Post Of the World
  • Home
  • News
    • All
    • Politics
    • Science
    1-Yr. Anniv.QA Expert Daryl Guberman- ISSUES Formal Deposition On ANSI-ANAB Mantra HALF NUT F*ck U 2019.

    1-Yr. Anniv.QA Expert Daryl Guberman- ISSUES Formal Deposition On ANSI-ANAB Mantra HALF NUT F*ck U 2019.

    The Benefits of Using a Professional Apostille Service

    The Benefits of Using a Professional Apostille Service

    Get Your Life Back After A Chicago Golf Cart Accident

    Get Your Life Back After A Chicago Golf Cart Accident

    Billionaire Rinat Akhmetov on Ukraine’s Endurance a Year Into the War

    Billionaire Rinat Akhmetov on Ukraine’s Endurance a Year Into the War

    My Body, My Choice-Why We Need to Support Women’s Reproductive Rights

    My Body, My Choice-Why We Need to Support Women’s Reproductive Rights

    Qatar labour minister migrant workers reforms rights to continue after World Cup

    Qatar labour minister migrant workers reforms rights to continue after World Cup

    Adhdsnap Receives Overwhelmingly Orders across the Globe on New Year’s Eve

    Adhdsnap Receives Overwhelmingly Orders across the Globe on New Year’s Eve

    Yalla Chance Review — Can You Win Great Prizes On This Platform?

    Yalla Chance Review — Can You Win Great Prizes On This Platform?

    How to Get a Green Card in the US

    How to Get a Green Card in the US

    Enhancing Energy Efficiency with Air Pollution Control Systems

    Enhancing Energy Efficiency with Air Pollution Control Systems

    Trending Tags

    • Donald Trump
    • Future of News
    • climate change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech
    • All
    • Apps
    • Gear
    • Mobile

    Build an App That’ll Create an Engaging Experience for Your Customers

    APK Files and Their Benefits Explained

    APK Files and Their Benefits Explained

    The Most Common Sales Contract Mistakes SaaS Companies Make

    The Most Common Sales Contract Mistakes SaaS Companies Make

    Protect Your Personal Internet Data with Right Plan from the Best Company

    Best Reasons to Get High Speed Internet at Home

    Keeping Up With the Latest Techy TrTends

    Keeping Up With the Latest Techy TrTends

    The Technique of Cybersecurity Risk Management: Protecting Your Business from Threats

    The Technique of Cybersecurity Risk Management: Protecting Your Business from Threats

    Dafabet App – Mobile App Available for Download on iOS and Android in India 2023

    Dafabet App – Mobile App Available for Download on iOS and Android in India 2023

    Ways to Increase Your Conversion Rate on Website Right Now

    Ways to Increase Your Conversion Rate on Website Right Now

    How Hospitals Are Using Technology in 2023

    How Hospitals Are Using Technology in 2023

    5 Uses For 3D Visualization Technology

    5 Uses For 3D Visualization Technology

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    How to Play and Win the Daily Mega Game Jackpot

    How to Choose the Right Online Slot Game for You

    Mostbet: Providing a Superior Betting Experience in India.

    Mostbet: Providing a Superior Betting Experience in India.

    It is the High time to switch to Slot Online here is why?

    Slot- All You Need to Know 

    It is the High time to switch to Slot Online here is why?

    Strategies for Making Money with Online Slot Machines

    What’s The Story Of Gadar: Ek Prem Katha, And What To Expect In Gadar 2?

    What’s The Story Of Gadar: Ek Prem Katha, And What To Expect In Gadar 2?

    Best horror movies to watch on Disney+ Hotstar

    Best horror movies to watch on Disney+ Hotstar

    Social Interaction in Online Games: Everything You Should Know

    Social Interaction in Online Games: Everything You Should Know

    How playing online games can be beneficial to kids?

    How playing online games can be beneficial to kids?

    Slot machines online casinos Fairspin: How to play and win

    Slot machines online casinos Fairspin: How to play and win

    EVENT PHOTOGRAPHY

    7 Common Mistakes to Avoid When Hiring an Event Photographer

  • Lifestyle
    • All
    • Food
    1-Yr. Anniv.QA Expert Daryl Guberman- ISSUES Formal Deposition On ANSI-ANAB Mantra HALF NUT F*ck U 2019.

    1-Yr. Anniv.QA Expert Daryl Guberman- ISSUES Formal Deposition On ANSI-ANAB Mantra HALF NUT F*ck U 2019.

    Explore Comfort and Style: 7 Must-Have Boston Clogs from Birkenstock

    Explore Comfort and Style: 7 Must-Have Boston Clogs from Birkenstock

    Bandhani Sarees: The Perfect Attire for Weddings and Special Celebrations

    Bandhani Sarees: The Perfect Attire for Weddings and Special Celebrations

    5 Tips For Choosing The Perfect Braided Wig For Your Style

    5 Tips For Choosing The Perfect Braided Wig For Your Style

    PERSONAL TRAINER IN CHIGWELL

    How exercise improves your brain function and productivity? 

    How to Style up Your Designer Lehenga look for Wedding Party

    How to Style up Your Designer Lehenga look for Wedding Party

    How to Make Your Deer Feeder Last Longer

    How to Make Your Deer Feeder Last Longer

    Personal Trainer in Chigwell & Loughton

    How Diet Coaching Can Help You Achieve Your Fitness Goals?

    Water Purifier

    Portable Water Purifier for Clean Water at All Times

    Acrylic Pins

    A Look at the History of Acrylic Pins and Keychains: From Function to Fashion

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • climate change
    • Flat Earth
  • Contact Us
No Result
View All Result
Asia Posts- Trending Post Of the World
No Result
View All Result

Forget gold, many settle for silver instead ahead of India’s auspicious Deepavali festival

by Alex John
October 22, 2022
in Asia, News
0
Forget gold, many settle for silver instead ahead of India's auspicious Deepavali festival
493
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Silver prices are down 9 per cent since the start of the year in India, with futures trading at about 56,000 rupees (US$675) per kilogram. This is about 40 per cent lower compared to a record high of nearly 78,000 rupees per kilogram in 2020. 

In contrast, gold prices in the country have remained elevated, at about 52,000 rupees for 10g.

INVESTING IN SILVER

As inflation soars in India, buying gold may not be an option for some people. Many are also betting that the price of silver will return to its highs eventually, making it a good investment.

Jeweller Vrishank Jain said his silver sales are up by 50 per cent compared to last year.  

“People are not buying gold, but they’ve started to buy silver, seeing a bigger scope of when silver goes up, they’ll get a better return,” he said. 

Mr Naveen Mathur, a director at Anand Rathi Share and Stock Brokers, said: “It has kind of a surrogate demand, which would continue for silver because it’s less expensive than gold, and at the same time serving some purposes.”

But observers pointed out that silver cannot completely replace gold, which still has huge religious and cultural significance in India, as well as being a means of accumulating wealth.

“Markets today are sitting at around 24,000 to 25,000 tonnes of gold – in jewellery across the country, in religious places, temples, and also gold reserves,” said Mr Mathur.

“So this means, I think, we never would be able to take silver to that particular position.”

[ad_2]

RelatedPosts

1-Yr. Anniv.QA Expert Daryl Guberman- ISSUES Formal Deposition On ANSI-ANAB Mantra HALF NUT F*ck U 2019.

The Benefits of Using a Professional Apostille Service

Get Your Life Back After A Chicago Golf Cart Accident

(Visited 20 times, 1 visits today)
Tags: CelebrationsgoldIndiainflationjewellery
Share197Tweet123Share49
Alex John

Alex John

Hi, I am Alex John, A blogger and online marketer at AsiaPosts.com.

  • Trending
  • Comments
  • Latest
King Von Autopsy Photos Graphic

King Von Autopsy Photos Graphic

March 22, 2022
Luxury Gift Ideas for Couples

Luxury Gift Ideas for Couples

January 20, 2022
Tamilrockers Kannada Movies 2022 – Download HD Tamil, Telugu, Hindi Movie

Tamilrockers Kannada Movies 2022 – Download HD Tamil, Telugu, Hindi Movie

March 13, 2022

Some Useful Links for You to Get Started

0
How to Make Your Home More Eccentric

How to Make Your Home More Eccentric

0
5 Temples in Phuket, Thailand You Must Visit

5 Temples in Phuket, Thailand You Must Visit

0
How to Play and Win the Daily Mega Game Jackpot

How to Choose the Right Online Slot Game for You

November 30, 2023
Inkjet Label Rolls: Versatile Applications and Usage Insights

Inkjet Label Rolls: Versatile Applications and Usage Insights

November 28, 2023
Mostbet: Providing a Superior Betting Experience in India.

Mostbet: Providing a Superior Betting Experience in India.

November 27, 2023
Asia Posts- Trending Post Of the World

Copyright © 2022 AsiaPosts.com.

Navigate Site

  • Tips & Tricks
  • Education
  • Trending
  • About Us
  • Privacy Policy
  • Contact Us
  • Do my homework for me
  • GoodStoryHunt

Follow Us

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2022 AsiaPosts.com.