Silver Softens Amid Heavy Correction In Copper

14 Nov 2022 , 05:08 PM

COMEX Silver eased as highs above $22 per ounce failed to sustain amid weak equities and sliding Copper. Asian stock markets saw a mostly weak outing. Chinese Shanghai Composite index eased 0.13% while the Japanese Nikkei 225 index lost 1.13%. European shares edged up modestly on Monday but remained cautious overall. COMEX Copper also lost more than 2% today. This pulled Silver lower and the metal currently quotes at $21.55 per ounce, down 0.56% on the day. Silver had hit four month high before correcting. Powered by Commodity Insights