Mumbai, Nov. 20 -- Silver steadied around $51 as markets reacted to the Fed's October minutes, which showed a divided stance on rate cuts. Near-term easing expectations weakened, boosting the dollar above 100 and trimming momentum in metals. Lingering macro and geopolitical risks, however, continued to support safe-haven demand. Investors now await the delayed September nonfarm payrolls report, expected to show job gains but a soft labor market. In India, MCX December silver futures rose 0.6% to Rs 156021 per kg, reflecting cautious optimism amid mixed cues from global markets.
Published by HT Digital Content Services with permission from Capital Market....