Silver melts near $51 per ounce, tests one-week low

COMEX Silver is down 1.51% to $51.22 per ounce, testing one-week low as precious metals tumbled. Market is focusing on speeches from a number of US Fed monetary policymakers in the evening trades and metals are in a free fall. Heavy losses are being witnessed in Copper too, pulling Silver down after it rose 1.52% on the day. MCX Silver futures are quoting at Rs 182375 per kg, down 1.20% on the day.

Powered by Commodity Insights