Silver slipped almost 1000 points today in Bullion commodity trading

October 31, 2011 · 0 comments

in Business

Silver Micro or Mini whatever it is, today it slipped almost 1000-1200 points today. It increased a little bit above 57k (Silver Micro) but decreased thereafter suddenly.

Market is though stable after this giant decrease and fluctuating around RS  56200 to Rs 56400 only.

Market seems quite stable today and probably will not surge if t heir is no any such announcement that affects public interest in buying silver.

Few days back, on Dhanteras ( 2 days before Diwali) market grew almost 2200 points and proved quite fruitful for bullion investors.

A day before Diwali din’t saw any much variation in demand or these precious metals over all day.

But a day after, due to the announcement of relief of Greece Debt Euro crisis, market increased its max to more than 58000 points and stayed till the end of day.

As of now Commodities market specially in Bullion, Silver is very much steady at Rs 56200 points.

Leave a Comment

Previous post:

Next post: