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Commodities Briefing - Categorized | Bullion/Gold, Performance more

Silver to benefit as festival season gets underway

Posted on 16 October 2012

Silver has been outperforming gold but with greater volatility. In India, the country’s largest commodity bourse, Multi Commodity Exchange of India (MCX) which launched a 1 kilo Silver futures contract at the start of October, has witnessed a bull run.
Officials say retail investors have shown high interest in the new offering as it enables them to take delivery of 1 kilo silver bar at lower margins, as compared to the earlier 30 kilo bars. Though the exact number of investors who have opted for the new contract was not immediately available, MCX officials said the timing of the new offering was ripe………………………………………..Full Article: Source

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VRS - who has written 36729 posts on Opalesque Commodities Briefing.


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