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Silver futures gain on strong demand.

Source :
Ace Analyser: Company News; 2/27/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Silver futures on MCX experienced gains due to strong demand and a weakening US dollar. Speculators increased their positions, contributing to the uptrend in silver prices. Investors are cautiously awaiting a US inflation report for potential insights into the Federal Reserve's rate-cut timings. The March delivery contract was trading at Rs 69,609.00, up 0.26% from its previous closing, while the May delivery contract was trading at Rs 71,481.00, up 0.43% from its previous closing. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Ace Analyser: Company News
Publication Type :
Report
Accession number :
175701364