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As on Jan 18, 2020 12:00 AM Your results on : End Session    
Weekly Silver Review: MCX Futures Approach Rs 48K
18-Jan-2020 (14:25)
COMEX Silver futures saw a good recovery after testing around three week low of $17.69 per ounce as a positive undertone in global equities boosted the white metal. However, the near term outlook is cautious on tepid Indian imports. India's Silver imports fell by a massive 66.69% on year ago basis to Rs 779 crore in December 2019. Silver imports in April-December 2019 also tumbled 25.52% to Rs 16085 crore. However, global Silver ETF buying has been witnessing firm trend. The metal could see a choppy pricing action amid these cues. MCX Silver futures moved in range of Rs 46000-47000 per 10 grams over last few days.

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