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Silver Shines Brighter: Kashmiri investors turn to white metal as gold prices soar
With gold prices soaring to historic highs, an increasing number of people in Kashmir are turning to silver as a more affordable and accessible investment option. Once seen largely as ornamental or secondary to gold, silver is now gaining traction as a serious avenue for savings and long-term wealth preservation in the region. According to traders, silver prices have surged by over Rs 5,000 per kilogram in the past week alone, reaching around Rs 1,12,700 per kg—just shy of its all-time high. While gold continues to inch closer to the Rs 1 lakh mark for 10 grams of 24-carat purity, many buyers—especially from the ... (full story)