SILVER MCX

Silver prices on MCX are experiencing significant upward momentum, reaching record highs and attracting considerable attention. This trend is being fueled by a confluence of factors, including escalating US-China trade conflicts, which typically boost safe-haven assets like precious metals. Moreover, a general bullion boom is contributing to the surge in both gold and silver prices. This surge has led to a notable increase in MCX's share price, with the exchange itself benefiting from the heightened activity in the bullion market. However, recent price movements have also shown some slippage from these peaks, attributed to profit-booking and revised margin requirements by MCX, indicating a dynamic and potentially volatile market environment.