Silver Prices Dipped Over 1.2 Percent To Close At $16.9 - Research Icon



On Monday, Spot silver prices dipped over 1.2 percent to close at $16.9 per ounce while MCX silver prices rose by 0.9 percent to close at Rs.43430 per kg.
 
We expect gold and silver prices to trade lower as appreciation in the U.S. Dollar and fading concerns over a possible recession dented the appeal for the safe haven asset, Gold.

ON the MCX, gold prices are expected to trade lower today; international markets are trading lower by 0.39 percent to close at 1505.55 per ounce.
 
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