MCX silver witnessed a sharp jump of 6.5% on Tuesday, reaching ₹2.68 lakh per kilogram, driven by rising optimism over a potential rate cut by the US Federal Reserve.
Market analysts said the surge reflects renewed investor interest in precious metals as a hedge against global economic uncertainty.
“Expectations of lower interest rates in the US have boosted safe-haven assets like silver,” said a senior commodities trader.
The rally comes amid mixed signals from global markets, with investors closely watching economic indicators and Fed statements for cues on the pace of future monetary policy easing.
Silver futures on the MCX opened strong and maintained momentum throughout the day, signaling bullish sentiment in both domestic and international markets.
Analysts advise traders to stay alert to global cues, as precious metals are likely to continue experiencing volatility in the coming weeks.
MCX Silver ne aaj 6.5% ki tezi dikhai aur ₹2.68 lakh per kilogram tak chali gayi, US Federal Reserve ke potential rate-cut ki umeedon ki wajah se.
Market analysts kehte hain ki is surge ka reason investors ka precious metals me interest wapas lena hai, jo global economic uncertainty ke time safe haven asset maana jata hai. “US me interest rates ke lower hone ki umeed ne silver jaise safe-haven assets ko boost diya hai,” ek senior commodities trader ne kaha.
Ye rally global markets ke mixed signals ke beech aayi hai, jahan investors closely dekh rahe hain economic indicators aur Fed ke statements, taaki future monetary policy ke trends ka idea mil sake.
MCX par silver futures ne strong opening di aur poore din bullish momentum maintain kiya, jo domestic aur international markets dono me positive sentiment ko dikhata hai.
Analysts advise kar rahe hain ki traders ko global cues pe nazar rakhni chahiye, kyunki precious metals agle kuch hafton me volatility continue kar sakte hain.