Silver dipped lower on weak global cues
Silver dipped lower by 4.23 per cent to hit its lower level limits in futures trading as traders and speculators indulged in heavy selling influenced by weakening global trend. For full story, click here
Articles Tagged "weak"
India Silver futures fall on weak global cues
India Silver prices declined by 0.55 per cent in futures trade today as speculators and traders reduced their holdings on the back of a weakening global trend. For full story, click here
Weak rupee and low demand hurts India’s silver imports
Weakening rupee that is making imports ever more expensive and the inability of importers to liquidate stocks brought in earlier could keep Indian gold and silver importers out of the market longer than expected, analysts said Tuesday. For full story, click here
COMEX Silver contract may witness further weakness
The COMEX Silver contract may witness further weakness through near-term trade, as silver prices remain stuck within a downward-sloping price channel and show little in the way of noteworthy support. The contract currently trades near previous spike-lows at 9.25 mark, and a break lower would signal that a move towards 8.41 is likely. For full story, [...]
