Silver Prices Up by Rs 2500/KG

Friday, October 28th, 2011 | by

Silver prices went up today in the Indian market and reaches Rs. 57,860/KG today. This makes the upward trend of last few days continued after a heavy fall last month. Market started at around Rs 55,360/KG in MCX exchange today morning and ended at a price of Rs. 57,760 in the night. During this massive variation in the silver price which is normal in the silver market, heavy buying is noticed.

Experts hope that silver will cross Rs. 65,00 in this December. In the international market, Silver is running at around $35.2/ounce now.

Gold and copper prices also showed the upward trend today.

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