look news india
There have been record sales of silver on Diwali and Dhanteras. In the last 20 years, the highest buying and selling of silver has been seen in India on Dhanteras and Diwali. Which is 200 tons. During this period, business worth about Rs 2200 crore has been done. There has been a 37 percent increase in silver sales this year compared to last year. The demand for 5 and 10 gram coins was 60 percent. Which was the highest. Apart from this, there was also demand for silver utensils, lamps, sculptures and jewellery.
increased use of silver
Silver is now used in many other things apart from jewellery. Such as electronics, solar panels, batteries and electric vehicles. Electric vehicles require 15-30 grams of silver, so its use has increased significantly. Apart from this, due to ongoing conflicts and wars around the world, people have started considering silver as a safe investment. Silver prices may increase further throughout the year and reach Rs 1.5 lakh per kg. The demand for silver is increasing and due to this its prices may increase further. People have now started considering silver as a good investment.