Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd.
Silver Price
Silver MCX Trading Call – Above 37699 Level, Target 38400—39100 – Neal Bhai Reports
Silver MCX Trading Call – Above 37699 Level, Target 38400—39100 – Neal Bhai Reports
MCX Silver Above 39200 Level – Ultimate Target 41800— 42220, With in 10 To 15 Days
Gold Silver Reports (GSR) – Silver on MCX settled up 0.52% at 40170 as the dollar dropped as the prospects of a Sino-U.S. trade deal improved investors’ appetite for riskier assets.
Gold @ Two Week High on Trade Deal Hopes
Gold Silver Reports (GSR) – Spot gold had gained 0.1 percent to $1,322.41 per ounce as of 0747 GMT. The metal touched $1,325.30 earlier, just below a 9-month peak of $1,326.30 an ounce marked on Jan. 31.
Gold Prices Down, Silver Rates Slip
Gold Silver Reports (GSR) – Gold prices today slipped on muted demand from jewellers and muted trend overseas.