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Today Silver Rate 10th Dec 2021 60,700.00 Today MCX silver price in rupees per 1 kg. Today silver price in india is 60,700.00 rupees per KgWhy is the price of silver falling?
That is because, unlike gold, silver is usually an industrial metal. Third, the price of silver is falling because of psychological reasons. That is because in recent months, the price has soared to multi-year highs. This increase was partly because of retail traders who used it a proxy for the more expensive gold price.Is silver expected to rise?
On a more positive note, however, the World Silver Survey shows expectations for a rise in total silver demand in 2021 of 15% to 1.03 billion ounces, with a 26% increase in physical investment to...How much is silver selling for?
A simple example would be a buyer agreeing to purchase 5,000 troy ounces of silver, at $20/troy ounce, two months from present. If during those two months, the price of silver decreases $2, the seller would profit $10,000, as they could source the silver on the open market for $90,000 and then sell it via the futures contract for $100,000.