Commodities

Silver - Mr. Prathamesh Mallya, AVP - Research, Non-Agri Commodities and Currencies, Angel Broking Ltd



Posted On : 2020-08-05 21:59:16( TIMEZONE : IST )

Silver - Mr. Prathamesh Mallya, AVP - Research, Non-Agri Commodities and Currencies, Angel Broking Ltd

"Silver has been shining relatively faster and brighter in comparison to gold in the international as well as domestic markets. Easy money policy of central banks, weakness in US dollar, rising investment demand, and the belief of investors in Silver as an asset class is resulting in optimism for price. Silver prices will eventually move higher towards $27.5 per ounce in the international market and Rs.75000 per kg in the domestic markets, taking in to consideration the recent momentum in the metal. Let the metal shine, and make it further brighter for investors..2020 will be remembered as the year of Silver for investors across the globe."

Source : Equity Bulls

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