Zaveri Bazaar in shock as silver hits ₹2 lakh amid shortage
Silver prices in the Zaveri Bazaar of Mumbai have crossed ₹2 lakh per kg, causing panic among traders and buyers. With a severe supply crunch and global demand rising, most jewellers have stopped taking festive season orders. A ₹30,000 premium is being charged, and experts believe prices may stay high until Diwali, with long-term gains expected by 2030.