COMEX Silver hits one-week high after 1.5% spike in last session

COMEX Silver futures saw solid gains in last session, rising in tune with Gold as an impressive bounce was seen in the precious metals following recent set of losses. COMEX Gold is holding above $4000 per ounce today. COMEX Silver has tested one-month low before a pullback and spiked around 1.50% in last session as strong demand from institutions lifted the counter sharply. The metal hit a one-week high of $49 per ounce today and currently trades at $48.66 per ounce, up marginally on the day. MCX Silver futures are trading at Rs 148706 per kg, down marginally on the day after hitting Rs 150000 per kg.

Powered by Commodity Insights