Silver Prices Spiked After Demand for Bars And Coins

MCX Silver Tips: Buy MCX September Silver Futures at Rs 81,200—81,000 with a stop loss

Silver prices spiked after retail sites were overwhelmed with demand for bars and coins at the weekend. Comments on Reddit forum r/WallStreetBets suggested people buy exchange-traded funds linked to the metal because prices have been kept artificially low.

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