Mumbai, Dec. 12 -- Silver bulls paused after an explosive week in which the metal gained nearly 9 percent, powered by strong industrial demand, safe-haven buying, and supportive macro conditions like low rates and a weak dollar. Starting the year below $30 per ounce, silver has delivered more than a 100 percent return, hitting a record $64.72 before easing to around $63.92 on COMEX today. In India, MCX March silver futures touched a fresh peak of Rs.198444 per kg, coming within a whisker of the Rs.200000 mark after rising nearly Rs.50000 in under two months. Momentum remains strong as silver continues benefiting from its dual identity: a critical industrial metal and a reliable safe-haven asset. The Silver Institute's latest review highligh...
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