15 Oct 2025 | 3 Mins Read
Mumbai's Zaveri Bazar Halts Silver Purchases
Flipitmoney
A severe silver shortage has forced jewellers to stop accepting fresh orders in Mumbai's Zaveri Bazar due to a premium of Rs 30,000/kg. The shortage is caused by increased global demand, including from China, Australia, and Turkey, and may moderate in the next few days. Silver prices reached Rs 1,90,000/kg before moderating to Rs 1,74,000/kg.