Gold & Silver Rebound, And A Look Inside The Indian Silver Market

Summary

The episode reviews the recent rebound in gold and silver prices, with gold back above $5,000 per ounce and silver futures climbing to $77.89. It delves into the Indian silver market, highlighting rapid price spikes, profit‑taking, and a sharp correction that widened bid‑ask spreads, strained liquidity, and triggered margin calls on the MCX. A major development is the RBI’s new framework allowing loans secured against silver ornaments and coins, which could unlock rural household wealth but also introduces purity and volatility risks. The host also notes Turkey’s record silver imports, underscoring global demand dynamics.