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Commodity News Details
Silver corrects as $90 per ounce mark caps upside
11-Mar-2026 15:54
COMEX Silver futures fell today, easing from one-week highs around $90 per ounce amid volatile moves in crude oil prices and profit selling pressure. Silver spiked around 6% yesterday as the US dollar eased and US stock markets saw steady moves. The S&P 500 eased 0.2%, a day after its latest wild swings caused by extreme moves in the oil market. The Dow Jones Industrial Average shed 0.1%, and the Nasdaq composite moved up very marginally. The equities edged up well in intraday moves, rising from their multi-month lows. Silver futures were choppy in Asia and flipped back in tune with Gold prices as markets hopes for a quick end to the US-Iran war. COMEX Silver futures are currently quoting at $87.24 per ounce, down 2.63% on the day. MCX Silver futures are trading at Rs 271692 per kg, down 2.20% on the day with lows around Rs 270000-271000 zone capping downside.

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