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Category archives for: Silver prices

Silver prices gain in major metros in India

Silver prices gained in major metros in India. In Chennai market, Pure silver (999 purity) was up by Rs 700 to Rs 44500 and in Delhi market, it was up by Rs 500 to Rs 45000. In Mumbai market it was up by Rs 260 at Rs 45240. Spot Silver Rates for 1 KG in major metros in India: City Silver 999 Change (Rs) Mumbai […]

Why Silver Price will Soar To $250 An Ounce

Peter Krauth writes: All bull markets go through periods of consolidations and corrections. And precious metals are no exception. There has been plenty about gold’s swan dive, but less talk about silver. And at this point there’s more potential for silver than gold…significantly more. Because the global silver market is relatively small, silver prices tend […]

MCX Silver bullish resistance 44200

On India’s MCX, silver for May delivery is expected to trade bullish for today’s trading session. The commodity is expected to trade with major support at 42800 and resistance at 44200, according to our analyst. “If the commodity breaks the level of 44200, then it is expected to shoot up till 45000 in near term,” […]

US Silver Price Falls, Fifth Week In A Row

The biggest mover on the weekly Global Precious Metals MMI® was the price of US silver, which saw a 9.9 percent decline. Last week marked the fourth in a row of declining prices for the metal. The price of Chinese silver fell 7.8 percent over the past week. This was the fourth week in a […]

Collateral damage: the silver price

The silver price took a beating last week, losing 17% of its value over a two-day period in the midst of a gold market collapse. Continued US equities gains, a relatively strong dollar, major ETF sell-offs, Cyprus’ plan to sell gold reserves, and the breach of the $1,500 technical support level were all part of […]