COMEX Silver futures slumped under $19 per ounce amid heavy selling pressure in global markets as worries over elevated US interest rates hurt the sentiments. The metal had seen some buying amid gains in Copper but the break under $19 has ensured that it gives up almost all of its recent upmove. Indian demand is in focus right now but overall mood in global markets will dictate the terms for the metal in near term. MCX Silver futures also slipped under Rs 55000 per kg mark following the selling in global market. Powered by Commodity Insights
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