Silver trades at Rs.70,000 per kg

Silver prices has increased to Rs, 70,000 per kg on Jan 07, 2021 after gold prices also increased due to US stimulus after both the Democrat candidates secured victory in US Senate elections.

Despite the fact that silver previously slipped 2.2% on COMEX and US dollar traded higher at Rs.86.68 i.e., increase of 0.17%.

Whereas iCOMDEX Bullion Index increased by 127.93 points and was trading on intraday at Rs. 15,955.42