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Weekly Silver Review: COMEX Futures Test Two Month Low

Weekly Silver Review: COMEX Futures Test Two Month Low

December 04, 2021 1:25 IST | capital market
Silver futures edged up from a two month low of $22 per ounce as bearish action in Gold weighed on the metal. Equities saw volatile moves and ensured that Silver stayed under stress for most of the last week. There are signs of a recovery in Indian demand though the global scenario is likely to be choppy given the Omircron scare and overall volatile price action in Copper. MCX Silver futures fell near Rs 60600 per kg mark before witnessing some buying support and managed to close around Rs 61570 per kg. US manufacturing output stays healthy and could keep losses limited for Silver in near term. The ISM said its US manufacturing PMI edged up to 61.1 in November from 60.8 in October

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The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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