20 Jan 2026 | 5 Mins Read

Hindustan Zinc CEO says silver demand remains steady

Flipitmoney

Hindustan Zinc CEO Arun Misra stated that the company is seeing a steady silver offtake from both jewellery and industrial users despite elevated prices. Silver prices hit a record Rs 3 lakh/kg on MCX, up 206% YoY, on January 19, due to safe-haven buying and growth in photovoltaic, electronics, and EV components demand. Silver sales contributed 44% to Hindustan Zinc's quarterly profits.