Hindustan Zinc Ltd shares traded higher on Monday, climbing 2.77% to Rs 498.65 as of 9:20 AM, tracking a sharp surge in international silver prices. The stock added Rs 13.45 in early trade.
Silver extended its strong momentum in 2025 to hit a record high of $56.78 per ounce in the international spot market, rising 6% in the past 24 hours. With this jump, silver has outperformed gold, equities and several other asset classes this year, continuing to remain the frontrunner in returns for 2025.
Experts attribute this unprecedented rally to broader structural and economic shifts. Aksha Kamboj, Vice President of the India Bullion & Jewellers Association (IBJA) and Chief Executive Chairperson of Aspect Global Ventures, said the rise is closely linked to the Federal Reserve’s recent signals of a possible interest rate cut and the ongoing decline in the US Dollar’s value.
According to her, these developments are prompting global investors to increasingly view silver as an attractive investment proposition, driving demand and pushing prices to new highs.
