Spot Silver Prices Surged Over 4.2 Percent To Close At $19.2 - Research Icon



On Tuesday, Spot silver prices surged over 4.2 percent to close at $19.2 per ounce while MCX silver prices rose significantly by 4.61 percent to close at Rs.49678.0 per kg.
 
Escalating trade tension between the largest economies in the world and weak manufacturing data posted by U.S. might continue to boost the appeal for the safe haven asset, Gold.

On the MCX, gold prices are expected to trade higher today; international markets are trading lower by 0.23 percent to close at $1552.85 per ounce.
 
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