COMEX Silver Falls Half A Percent In Asia

Published on Oct 06, 2020 11:56

COMEX Silver futures soared to near a two week high of $24.70 per ounce in last session as supportive equities boosted the commodity. Prices have been elevated recently as the metal came off a two month low. Weak US dollar and a steady demand outlook on manufacturing front globally is keeping the commodity afloat. Prices eased in Asia though as mild selling pressure emerged and the COMEX Silver futures are currently trading at $24.43 per ounce, down 0.50% on the day.