Hindustan zinc rises 17% in 4 days, which increases to record Silver’s s.

Shares of Hindustan Zinc have risen sharply, which increased 16.8% in the last four sessions to a high of Rs 54 546..95 on the BSE, excited by the rally in silver prices, which has recently touched a lifetime in the domestic market.

This has increased because silver attracts investors’ interests as both industrial dysfunction and safe assets.

Hindustan Zinc, the third largest silver producer in the world, has emerged as the main beneficiaries of the rally.

On Tuesday, Silver July futures on the Multi Commodity Exchange (MCX) with 1.54% gain with Rs. Before settling at 1,07,087, a new all-time high of 1,07,171 per kg was hit.

The strong uptrend of silver has been supported by the demand for safe-air wealth among the US de Dollar Ler weak de dollar lare, other industrial dysfunctional metals and a safe-haunted property between the Firm Ta and geographical political uncertainties.

Living events

      Silver prices have been unstable but elevated, analysts quoting a mixture of macroeconomic drivers. “We expect gold and silver to be unstable this week amid the Dollar Lur Index, geographical political tensions, and the fluctuations in front of the US inflation data.

      In view of its significant contribution to global silver production, Hindustan zinc has a strong relationship with global silver prices, the attention of investors has turned to share.

      Also Read: Sebi Probes Jane Street over 3 years of derivative trade: Sources

      Hindustan Zinc Stale Price History

      In the past one year, the stock of Hindustan Zinc has declined by 19.88%despite the re -recovery procurement in recent months. Depending on one year-to-date (YTD), it has increased by 20.74%, while in the last six months, it has increased 7.59%. In the last three months, the stock has increased by 25.71%, and in the past one month, it has increased by 31.44%reflecting short -term pace.

      Around 11:30 am this morning, the stock of Hindustan Zinc was Rs 2.14% on BSE. Trade at 536.40.

      (Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)

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