Precious Metal Rally Lifts Hindustan Zinc, Muthoot Finance, IIFL Capital Share Prices as Gold, Silver Climb on Safe-Haven Demand

Precious metals strengthened as safe haven demand increased amid global uncertainty. Gold and silver prices moved higher, supporting gains in select related stocks. 

Gold and Silver Gain on Safe Haven Buying 

Gold and silver prices traded higher as investors sought safer assets during heightened geopolitical and economic uncertainty.  

Safe haven flows typically support precious metals during periods of volatility, leading to increased price sensitivity in the commodity markets. Rising demand contributed to upward movement in both bullion and related equity counters. 

Stock Movement in Precious Metal Linked Counters 

As of March 02, 2026, at 10:26 AM, Hindustan Zinc share price on NSE was trading at ₹618.20 up by 2.38% from the previous closing price.  

Muthoot Finance share price on NSE was trading at ₹3,424.10 up by 2.11% from the previous closing price. 

IIFL Capital Services share price on NSE was trading at ₹313.85 up by 8.79% from the previous closing price. 

These companies are often tracked during precious metal rallies due to their exposure to bullion, mining, or gold-backed lending activities. 

Read More: Base Metals Cooper, Nickel and More Surged Amid Potential US Tariff Relief! 

Market Sensitivity to Precious Metal Trends 

Movements in gold and silver prices can influence investor sentiment across commodity linked stocks. Companies involved in mining, gold financing and bullion trade may witness price action aligned with changes in metal prices.  

Increased volatility in global markets has contributed to renewed interest in defensive assets, including precious metals. 

Conclusion 

Gold and silver traded higher amid safe haven demand, with related stocks such as Hindustan Zinc, Muthoot Finance and IIFL Capital recording gains. Market sensitivity to precious metal prices remains evident during periods of global uncertainty. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.