COMEX Silver futures crashed today as a slide from recent two month high near $25 per ounce continued amid heavy selloff in global equities. Sustained losses for Gold also weighed on the white metal. Silver has edged up earlier in the month as signs of a strong recovery in Indian demand boosted the metal. However, a frantic drop in global equities owing to the US interest rate hike expectations and a concomitant rise in the US treasury yields are capping the precious metals. The COMEX Silver futures are currently trading down 2.53% at $23.21 per ounce. MCX Silver futures are trading at Rs 62950 per kg, down 1.75% on the day after testing lows near Rs 62700 per kg mark.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
