Prøve GULL - Gratis
Silver ETFs fired up by scarcity, festive season
Hindustan Times Lucknow
|October 10, 2025
Silver exchange traded funds or ETFs opened Thursday with a record 10-12% premium to spot prices, underscoring a scramble for the metal as festive buying, industrial use, and investor FOMO (fear of missing out) drove up demand against tight supplies.
Spot silver prices hit a peak of $49 an ounce on Thursday.
(ISTOCKPHOTO)
“Sales by multi-asset schemes of mutual funds later caused the premiums to narrow by the day end,” said Satish Dondapati, fund manager at Kotak Mahindra AMC, adding that when there is a supply shortage, silver ETFs typically trade at a 0.5-1% premium to spot prices.
The premiums, though, remained well above normal for the rest of the day. Notably, multi-asset schemes of mutual funds hold around 20% of their assets in gold and silver.
Denne historien er fra October 10, 2025-utgaven av Hindustan Times Lucknow.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Lucknow
Hindustan Times Lucknow
‘Shopaholic’ author passes away at 55
LONDON: British author Sophie Kinsella, who penned the popular “Shopaholic” series, has died aged 55 after being diagnosed with brain cancer, her family announced on Wednesday.
1 mins
December 11, 2025
Hindustan Times Lucknow
Autistic artist breaks glass ceiling with Turner Prize win
NNENA KALU RECEIVES $33,300
1 mins
December 11, 2025
Hindustan Times Lucknow
Goyal sees ‘early conclusion’ for India-EU FTA talks
Union commerce minister Piyush Goyal on Wednesday expressed hope about the possibility of “an early conclusion” of India-EU free trade negotiations, and said talks on the India-US bilateral trade agreement are progressing in New Delhi without giving any specific deadline for concluding the first tranche of the BTA.
2 mins
December 11, 2025
Hindustan Times Lucknow
Riding high on tech FDI
Investment from firms including Microsoft and Amazon will boost India’s Al ecosystem
2 mins
December 11, 2025
Hindustan Times Lucknow
Pakistan mulls shifting Imran from Adiala Jail
Pakistan’s former prime minister Imran Khan is likely to be shifted out of Rawalpindi’s Adiala Jail due to “constant protest demonstrations” outside the prison by his supporters, an official said on Wednesday.
1 min
December 11, 2025
Hindustan Times Lucknow
SBI cash pile burnt in Assam building blaze
A massive fire that broke out in a multi-storey building in Assam’s Guwahati in the early hours of Wednesday has caused the destruction of property, important documents, anda large cache of cash belonging to the State Bank of India (SBI) is feared to have been burnt.
1 min
December 11, 2025
Hindustan Times Lucknow
Jairam: Govt is ignoring debate among stalwarts to push select narratives
Congress MP Jairam Ramesh on Wednesday accused the government of “weaponising nationalism” while ignoring the actual historical debates that shaped the national song, Vande Mataram.
1 mins
December 11, 2025
Hindustan Times Lucknow
1.26 million govt email accounts shifted to Zoho, Lok Sabha told
The government has migrated around 1.26 million official email accounts of various ministries and departments to a Zoho-based platform, the ministry of electronics and information technology (MeitY) informed the Lok Sabha on Wednesday.
1 min
December 11, 2025
Hindustan Times Lucknow
Modi: ₹2k-cr unclaimed funds returned to public
NEW DELHI: Prime Minister Narendra Modi said on Wednesday that nearly ₹2,000 crore was already returned so far to rightful owners under the ‘Your Money, Your Right’ initiative that the Centre launched in October 2025 to help citizens reclaim their forgotten financial assets.
1 min
December 11, 2025
Hindustan Times Lucknow
PM hacks hearts, not EVMs: Kangana in LS
Bharatiya Janata Party MP Kangana Ranaut on Wednesday said that Prime Minister Narendra Modi does not need to manipulate voting machines as “has hacked the hearts of the people”.
1 min
December 11, 2025
Listen
Translate
Change font size