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Commodity News Details
Weekly Silver Review: COMEX futures test $33 per ounce mark as rally extends
05-Oct-2024 13:24
COMEX Silver futures hit a fresh 12 year high above $33 per ounce in first week of October 2024 as supportive cues from Gold and Copper boosted the sentiments. Demand is robust. Global investment in solar PV manufacturing more than doubled last year to around $80 billion, accounting for around 40% of global investment in clean-technology manufacturing, according to a report from the International Energy Agency. China more than doubled its investment in solar photovoltaic manufacturing between 2022 and 2023. MCX Silver futures also raced up above Rs 95000 per kg mark amid these cues.

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