Mumbai, July 29 -- COMEX Silver futures are up in Asia today though overall movement is tight. The metal currently trades up 0.90% at $58.07 per ounce after falling around 2% in last session. A mild weakness is being seen in the US dollar index as it hovers around 101 mark ahead of the US Fed monetary policy meeting. Silver had tested around seven-month low last week before witnessing a recovery though highs around $60 per ounce capped the upside this week. On MCX, Silver futures are up 0.96% at Rs 217905 per kg. Local demand trends are mixed though the recent decline in prices is bound to trigger some enthusiasm in retail market.
Published by HT Digital Content Services with permission from Capital Market....