Multi Commodity Exchange (MCX) silver futures quoted between Rs 64,660 and Rs 65,460 during the session, compared to their previous close of Rs 65,004. At 12:11 pm, MCX silver futures – due for delivery on September 4 – traded stronger by Rs 326 – or 0.50 per cent – at Rs 65,330.
U.S. Mint Has Reduced the Volume of Gold and Silver Coins – GSR
The U.S. Mint has reduced the volume of gold and silver coins it’s distributing to authorized purchasers as the coronavirus pandemic slows production.
MCX Silver Above 64700 Target 67000—72000 – Neal Bhai Reports
Silver yesterday settled up by 0.05% at 61223 on hopes of recovery in industrial demand. Prices also rallied amid safe-haven demand as investors fretted over rising coronavirus cases around the world, disappointing jobless claims data and worsening U.S.-China tensions.
MCX Gold Above 51500 Target 53500—54500 – Neal Bhai Reports
Gold yesterday settled up by 0.66% at 51035 amid an escalation in the U.S.-China spat added further safe-haven fuel to a rally to a peak driven by fears over the economic hit from the coronavirus pandemic.
MCX Copper High 519.50, I told You 492 Target 525-552–600++ Neal Bhai
MCX Copper : China ordered the United States to close its consulate in the city of Chengdu in response to being told to shut its consulate in Houston.