Mumbai, Sept. 18 -- Silver climbed towards $68 an ounce in Friday's mid-electronic session, extending gains for a fourth consecutive session as softer oil prices eased inflation concerns and supported a pullback in bond yields. US 10-year Treasury yields retreated from a multi-year high of 5.04% towards 4.93%, reducing the opportunity cost of holding non-yielding silver. The dollar index held around 100, remaining near seven-week highs, while markets assessed the Fed's latest rate decision and prospects for further tightening. Meanwhile, international oil futures tumbled more than 2% to $94.99 per barrel, further supporting sentiment across precious metals.
Published by HT Digital Content Services with permission from Capital Market....