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Latest Silvermic News

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Expect Silver prices to trade sideways: Sushil Finance


According to Sushil Finance, expect silver prices to trade sideways on the back of profit booking after sharp up-move.

Gold futures remain weak, shed 0.09% on weak global cues

24-03-2017| Source:PTI

At the Multi Commodity Exchange, gold for delivery in April declined by Rs 25, or 0.09 percent, to Rs 28,775 per 10 grams, in a business turnover of 499 lots.

Here's a wrap on commodity space  

24-03-2017| Source:CNBC-TV18

Watch Manisha Gupta of CNBC-TV18 speaking about current trends and updates from the commodity space.

Silver to trade in 41515-42689 range: Achiievers Equities


According to Achiievers Equities,Silver dropped amid growing expectations among traders that the Federal Reserve will raise interest rates at its March policy meeting next week.

Here's an overview on commodities market  

08-03-2017| Source:CNBC-TV18

Watch Manisha Gupta of CNBC-TV18 speaking about the current trend in commodities and currency market action.

Gold steady near lowest in over 4 weeks, rate hike outlook drags

08-03-2017| Source:Reuters

Spot gold was mostly unchanged at USD 1,216.1 per ounce at 0045 GMT. The metal marked its lowest since Feb. 3 at USD 1,213.6 an ounce in the previous session.

Silver to trade in 42104-42962 range: Achiievers Equities


According to Achiievers Equities,Silver dropped amid rise in dollar and markets priced in the increased possibility the U.S. central bank would raise in terest rates this month.

Gold futures decline 0.16% on weak global cues

07-03-2017| Source:PTI

At the Multi Commodity Exchange, gold for delivery in far-month June fell by Rs 45, or 0.16 percent, to Rs 28,983 per ten grams in a business turnover of 39 lots.

Gold inches lower amid Fed rate hike expectations

07-03-2017| Source:Reuters

US Federal Reserve Chair Janet Yellen said last week that the Fed was poised to lift benchmark US rates provided jobs and inflation data held up, comments seen as cementing plans for an increase at the Fed's March 14-15 meeting.

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All Silver Contracts

Name Price Chg.%
SILVER (5 May) Rs 41530.00 0.56
SILVER1000 (31 Mar) Rs 41257.00 0
SILVERM (28 Apr) Rs 41551.00 0.57
SILVERMIC (28 Apr) Rs 41550.00 0.57

Silver Weight Conversion Table

To convert from To Multiply by
1 Moz Metric tons 31.103
1 Ton Troy ounces 32,511
1 Ton Grams 1,000,000
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