Silver Futures Maturity Pressure
Silver futures are under pressure as they approach their maturity date.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
"Going ahead, we expect the contract to break down below the support at ₹2,66,000 and witness another leg of a downtrend."
"Analysts said silver prices came under pressure amid a strong US dollar and volatility in the global commodities market."
"Analysts said silver prices came under pressure amid a strong US dollar and volatility in the global commodities market."
"However, silver is under pressure on possibility of easing geopolitical tensions and a firmer US Dollar."
"Silver futures, which will mature on 3 March this year, slipped 0.19 per cent to Rs 69,652.00."
"Silver futures, which will mature on 3 March this year, dropped 0.04 per cent to Rs 68,615.00."
"Silver futures...also dropped 0.21 percent to Rs 69,620.00."
"Silver futures, which will mature on 3 March next year, tumbled 2.18 percent to Rs 67,792.00."
"Silver futures... also slipped 0.20 per cent to Rs 66,132.00."
"Silver has been getting hit from both gold as well as the industrial metals that have trading been sideways to weak since past few sessions."