Silver News

Silver Achieve 43,000 Level

Silver Achieve 43,000 Level

Silver Achieve 43,000 Level

Silver also reclaimed the Rs 43,000-mark per kg by gaining Rs 100 on the back of increased offtake by industrial units and coin makers.Traders said sentiment remained firm largely in line with positive global cues and continued buying by local jewellers to meet wedding season demand at domestic spot market.Globally, gold rose by 0.09 per cent to USD 1,287.80 an ounce and silver by 0.33 per cent to USD 18.52 an ounce in New York in yesterday's trade.    In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose further by Rs 100 each to Rs 29,950 and Rs 29,800 per 10 grams, respectively. It had gained Rs 560 in the previous three days.Sovereign, however, remained flat at Rs 24,500 per piece of eight grams.Silver ready also moved up by Rs 100 to Rs 43,000 per kg and weekly-based delivery by Rs 120 to Rs 42,570 per kg.Silver coins, however, continued to be traded at previous level of Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces. 

Other News You May Interested

Trend Update

Trend Update... read more ...

Gold holds constant near 3-1/2 month high

Trump's economic policy  Investors were looking ahead to an address by Trump to Congress next week for further clarity on his economic pol... read more ...

Silver Stocks Severely Undervalued

Silver acts as an inflation hedge, and in times of crisis, small quantities may be used for smaller, daily transactions compared to holding a tradi... read more ...

Gold hits 4-month high, top Rs325 on substantial global cues.

Gold prices soared by Rs325 to regain the Rs30,000-mark and trade at over 4-month high of Rs30,175 per 10 grams at Delhi bullion market on Saturday... read more ...

BULLION: The Prized metals, gold and silver snapped

its three-week gains at the bullion market, on reduced offtake due to holiday-truncated week despite firm global trend.Marketmen said easing demand... read more ...

Crude oil slips nearly 1 percent on Care over rising U.S. output

Oil prices slid nearly 1 percent as worries about rising U.S. supplies outweighed OPEC pledges to boost compliance with output curbs.

But... read more ...

Natural Gas Shortened-Term Storhouse Outlook.

The Energy Information Administration (EIA) reported that natural gas in underground storage fell by 89 billion cubic feet ((bcf)) in the week endi... read more ...

Silver Price Equal Off with Notable Support

Silver Price Equal Off with Notable Support

See the Webinar Calendar for a schedule of upcoming live events with Paul or... read more ...

Gold holds around 3-1/2 month high Trumps economic policy in target.

BENGALURU, FEB 27:  
Gold prices held firm on Monday near 3-1/2 month highs hit in the previous session, with investor... read more ...