Silver Double Bottom Support Breakpoint, Near the $21.50 key

Silver Double Bottom Support Breakpoint, Near the $21.50 key

Silver (White Metal) witnessed a short-covering bounce on the last day of the week and recovered a part of the overnight slump to its lowest level since July 2020. The recovery momentum extended through the early European session and pushed spot prices back closer to the $21.00 round-figure mark.

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Gold Rates

Gold Rates Up for 3rd day, Silver Prices Surge

Silver and gold rates gained in Indian markets today, lifted by higher global rates. On MCX, February gold futures rose 0.52% to ₹40,560 per 10 gram, extending gains to the third day. Tracking gold, silver also edged higher.

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