GJ Town India

  Gold jumped 3% and silver prices bounced at 6%    In the weekly [December 8 to 13 December 2025 week] review Dr. Renisha Chainani, Head- Research, Augmont viewed, Precious Metals that touch a record high price amid easing monetary policy! The review said, gold and silver prices reached record highs last week, jumping 3% and 6%, respectively, as the FED cut interest rates last week and the BOE is expected to cut this week.    ECB is expected to take a pause, while BOJ is expected to raise interest rates. Gold discounts expanded in India this week as demand plummeted despite the wedding season, after prices reached record highs, while Chinese demand remained quiet due to volatility and high spot prices.    The increase in Silver to the Rs 2lakh level has been fueled by tightening stocks, strong industrial demand, and the metal's inclusion on the US key minerals list. Demand has been especially robust in the solar, electric vehicle, and dat...

  Average silver price jumped by 21 percent in 2024!   Silver industrial demand rose 4 percent in 2024 to 680.5 million ounces (Moz), reaching a new record high for the fourth consecutive year. Demand continued to benefit from structural gains linked to the green economy, including investment in grid infrastructure, vehicle electrification, and photovoltaic (PV) applications. Demand was further boosted by end-uses related to artificial intelligence (AI), which drove growth in consumer electronics shipments. Overall, global silver demand exceeded silver supply for the fourth consecutive year, resulting in a structural market deficit of 148.9 Moz in 2024. Notably, during 2021-2024, the combined deficit reached 678 Moz, equivalent to 10 months of global mine supply in 2024.    These and other key aspects of the 2024 silver market are examined in the World Silver Survey 2025, released by the Silver Institute. The 88-page Survey also provides an outlook for the silver...