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Silver futures rise on firm industrial demand.

Source :
Ace Analyser: Company News; 1/10/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Silver futures rose on MCX due to firm industrial demand against supply worries in the market. Meanwhile, investors were eagerly awaiting the upcoming release of the US Consumer Price Index for insights into the US Federal Reserve's plans.The contract for March delivery was trading at Rs 72271.00, up by 0.31% or Rs 224.00 from its previous closing of Rs 72047.00. The open interest of the contract stood at 24268 lots.The contract for May delivery was trading at Rs 73422.00, up by 0.23% or Rs 168.00 from its previous closing of Rs 73254.00. The open interest of the contract stood at 2260 lots on MCX. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Ace Analyser: Company News
Publication Type :
Report
Accession number :
174720195