COMEX Silver futures hit near one week high above $23 per ounce as weak US dollar and steady buying in Gold supported the metal. The Silver market also eyed strong Indian demand. Indias Silver imports came in at Rs 1749 crore in December 2021, up by a massive 2200% compared to December 2020. Silver imports in April-May 2021 also jumped around 162% compared to same period in last year. COMEX Silver futures corrected a bit on profit selling though and ended under $23 per ounce mark. MCX Silver futures saw good buying around Rs 60000 per kg mark and hit above Rs 62000 per kg in intraday moves.
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