Silver

Gold prices surged by Rs 9,723 to reach new highs in futures trading, while silver climbed by approximately Rs 19,500, following the Indian government's decision to increase the import duty on both metals to 15%. This move comes as part of broader measures to curb rising current account deficits and support the domestic economy. The heightened prices have pushed market sentiment into a zone of extreme greed, reflected in a sentiment score of 98, indicating strong bullish expectations among investors. Additionally, the topic coverage has seen a notable uptick, currently standing at 64, suggesting increased media attention and investor focus on precious metals as safe-haven assets amid global economic uncertainties. This trend aligns with a recent rise in the rate of change in market activity, recorded at 0.0332, further emphasizing the growing interest in gold and silver as investment vehicles.