Weekly Silver Review: COMEX Futures Shed Around 12% In 2021

1 Jan 2022 , 02:24 PM

COMEX Silver futures edged up on good buying support amid steady interest as sustained Covid-19 worries. The COMEX Silver futures edged up above $23 per ounce. MCX Silver futures closed around Rs 63000 per kg mark. Indian demand stays good and Silver is also eying firm global equities. The commodity has seen good upmove after testing a one and half month low of $21.50 per ounce in mid December 2021 and currently lingers around one month high. The metal has seen sustained correction in last few months with the year 2021 marking a drop of nearly 12% in COMEX Silver futures.

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