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Silver may touch Rs 1.25 lakh a kg in next 12-15 months, outperform gold Silver could either match or outperform gold in the medium to long term, and is likely to reach Rs 1,25,000 per kg on MCX and $40 on COMEX in the next 12 to 15 months, a report showed on Saturday.  Recently, silver has shown impressive performance, gaining more than 40 per cent (year-to-date) and breaching Rs 100,000 on the domestic front, fuelled by safe-haven buying and robust industrial demand, according to the report by Motilal Oswal Financial Services Ltd (MOFSL). MOFSL has al...
Silver may touch Rs 1.25 lakh a kg in next 12-15 months, outperform gold
Silver may touch Rs 1.25 lakh a kg in next 12-15 months, outperform gold
Source: IANS
2024-10-26 03:00:21 pm
Trading at India`s MCX resumes after 4-hour delay due to technical snag India's biggest commodity exchange, the Multi Commodity Exchange (MCX), said on Tuesday trading has resumed on its commodity derivatives platform after a four-hour delay due to a technical hitch. MCX is primarily a venue to trade gold, silver, crude oil and base metal futures contract in India, a leading importer of these commodities. Trading, which usually starts at 0330 GMT, was delayed to 0730 GMT due to the slow processing and generation of backend files for the members, MCX sai...
Trading at India`s MCX resumes after 4-hour delay due to technical snag
Trading at India`s MCX resumes after 4-hour delay due to technical snag
Source: Reuters
2024-02-13 02:58:57 pm
India`s markets regulator permits MCX to launch new derivatives platform Multi Commodity Exchange of India (MCX) has received approval from the country's market regulator to launch its proposed commodity derivatives platform, put on hold last month, the MCX said in a statement on Sunday.In late September, the Securities and Exchange Board of India (SEBI) asked MCX to drop its plans to launch a new commodity derivatives platform.SEBI stopped MCX from launching its commodity derivatives platform after investor group Chennai Financial Markets and Accountability urged...
India`s markets regulator permits MCX to launch new derivatives platform
India`s markets regulator permits MCX to launch new derivatives platform
Source: Reuters
2023-10-08 05:56:59 pm